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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 | $13,676 | $212,777-93.6% | $173,703-92.1% | $198,609-93.1% |
| Participation rate | 13.6% | 81.1%-67.4pp | 75.9%-62.3pp | 82.4%-68.7pp |
| Annual return | 17.95% | 18.82%-0.9pp | 17.46%+0.5pp | 202.70%-184.8pp |
| Employer contribution / active EE | $0 | $5,214-100.0% | $4,288-100.0% | $5,055-100.0% |
| Participant deferral / active EE | $559 | $5,697-90.2% | $4,854-88.5% | $6,977-92.0% |
| Admin fee / account holder | $0 | $19,536-100.0% | $15,562-100.0% | $19,030-100.0% |