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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,491 | $107,368-86.5% | $92,915-84.4% | $152,909-90.5% |
| Participation rate | 66.7% | 79.8%-13.1pp | 76.0%-9.3pp | 82.5%-15.8pp |
| Annual return | 27.37% | 145.64%-118.3pp | 109.45%-82.1pp | 345.46%-318.1pp |
| Employer contribution / active EE | $887 | $4,222-79.0% | $3,653-75.7% | $4,764-81.4% |
| Participant deferral / active EE | $1,118 | $4,848-76.9% | $4,238-73.6% | $5,851-80.9% |
| Admin fee / account holder | $0 | $7,082-100.0% | $5,796-100.0% | $11,601-100.0% |