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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 | $9,682 | $157,304-93.8% | $141,197-93.1% | $152,909-93.7% |
| Participation rate | 66.7% | 84.8%-18.2pp | 82.5%-15.8pp | 82.5%-15.8pp |
| Annual return | 0.00% | 64.34%-64.3pp | 71.41%-71.4pp | 345.46%-345.5pp |
| Employer contribution / active EE | $1,437 | $5,263-72.7% | $4,736-69.7% | $4,764-69.8% |
| Participant deferral / active EE | $2,009 | $7,111-71.7% | $6,710-70.1% | $5,851-65.7% |
| Admin fee / account holder | $17 | $12,126-99.9% | $10,265-99.8% | $11,601-99.9% |