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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 | $2,547 | $107,941-97.6% | $91,994-97.2% | $152,909-98.3% |
| Participation rate | 66.7% | 81.2%-14.5pp | 78.6%-12.0pp | 82.5%-15.8pp |
| Annual return | 26.54% | 89.28%-62.7pp | 69.04%-42.5pp | 345.46%-318.9pp |
| Employer contribution / active EE | $659 | $4,212-84.4% | $3,453-80.9% | $4,764-86.2% |
| Participant deferral / active EE | $1,114 | $6,366-82.5% | $5,924-81.2% | $5,851-81.0% |
| Admin fee / account holder | $191 | $10,521-98.2% | $7,744-97.5% | $11,601-98.4% |