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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 | $13,839 | $105,198-86.8% | $159,455-91.3% | $85,856-83.9% |
| Participation rate | 50.0% | 75.8%-25.8pp | 82.8%-32.8pp | 69.3%-19.3pp |
| Annual return | 16.77% | 45.08%-28.3pp | 263.63%-246.9pp | 318.58%-301.8pp |
| Employer contribution / active EE | $926 | $3,319-72.1% | $4,830-80.8% | $2,565-63.9% |
| Participant deferral / active EE | $2,075 | $5,946-65.1% | $7,353-71.8% | $3,952-47.5% |
| Admin fee / account holder | $176 | $6,934-97.5% | $10,800-98.4% | $6,261-97.2% |