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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 | $8,366 | $117,846-92.9% | $102,434-91.8% | $145,884-94.3% |
| Participation rate | 50.0% | 78.6%-28.6pp | 76.5%-26.5pp | 80.3%-30.3pp |
| Annual return | 16.12% | 31.90%-15.8pp | 29.46%-13.3pp | 551.85%-535.7pp |
| Employer contribution / active EE | $0 | $3,615-100.0% | $3,023-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $1,323 | $5,733-76.9% | $5,055-73.8% | $6,690-80.2% |
| Admin fee / account holder | $123 | $13,356-99.1% | $9,462-98.7% | $13,392-99.1% |