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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 | $5,474 | $102,828-94.7% | $105,387-94.8% | $152,909-96.4% |
| Participation rate | 66.7% | 83.8%-17.1pp | 82.6%-15.9pp | 82.5%-15.8pp |
| Annual return | 0.00% | 20.85%-20.9pp | 26.82%-26.8pp | 345.46%-345.5pp |
| Employer contribution / active EE | $3,404 | $4,473-23.9% | $4,213-19.2% | $4,764-28.5% |
| Participant deferral / active EE | $75 | $5,465-98.6% | $5,502-98.6% | $5,851-98.7% |
| Admin fee / account holder | $5 | $8,683-99.9% | $6,559-99.9% | $11,601-100.0% |