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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 | $7,883 | $149,778-94.7% | $118,946-93.4% | $158,966-95.0% |
| Participation rate | 66.7% | 82.1%-15.4pp | 75.4%-8.7pp | 82.0%-15.3pp |
| Annual return | 26.57% | 19.95%+6.6pp | 35.89%-9.3pp | 302.95%-276.4pp |
| Employer contribution / active EE | $1,159 | $4,117-71.8% | $3,263-64.5% | $4,762-75.7% |
| Participant deferral / active EE | $1,159 | $5,225-77.8% | $4,266-72.8% | $5,983-80.6% |
| Admin fee / account holder | $129 | $8,604-98.5% | $6,581-98.0% | $11,250-98.9% |