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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 | $9,563 | $97,761-90.2% | $83,850-88.6% | $135,382-92.9% |
| Participation rate | 50.0% | 80.0%-30.0pp | 76.1%-26.1pp | 82.6%-32.6pp |
| Annual return | -8.14% | 1287.44%-1295.6pp | 850.92%-859.1pp | 519.77%-527.9pp |
| Employer contribution / active EE | $901 | $4,222-78.7% | $3,631-75.2% | $4,779-81.1% |
| Participant deferral / active EE | $1,030 | $4,682-78.0% | $4,082-74.8% | $5,609-81.6% |
| Admin fee / account holder | $92 | $6,674-98.6% | $5,478-98.3% | $10,829-99.2% |