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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 | $161,352-91.5% | $134,172-89.8% | $137,256-90.0% |
| Participation rate | 13.6% | 78.3%-64.6pp | 72.5%-58.8pp | 80.0%-66.3pp |
| Annual return | 17.95% | 28.72%-10.8pp | 25.30%-7.4pp | 220.34%-202.4pp |
| Employer contribution / active EE | $0 | $4,099-100.0% | $3,420-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $559 | $5,552-89.9% | $4,690-88.1% | $6,407-91.3% |
| Admin fee / account holder | $0 | $15,028-100.0% | $12,016-100.0% | $12,270-100.0% |