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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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,391 | $62,672-80.2% | $185,117-93.3% | $70,126-82.3% |
| Participation rate | 34.7% | 63.8%-29.1pp | 77.3%-42.6pp | 69.5%-34.8pp |
| Annual return | 13.53% | 40.79%-27.3pp | 40.50%-27.0pp | 73.15%-59.6pp |
| Employer contribution / active EE | $844 | $1,753-51.9% | $4,182-79.8% | $2,343-64.0% |
| Participant deferral / active EE | $716 | $3,272-78.1% | $5,045-85.8% | $3,332-78.5% |
| Admin fee / account holder | $0 | $3,932-100.0% | $8,159-100.0% | $4,645-100.0% |