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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 | $9,109 | $117,426-92.2% | $99,470-90.8% | $152,885-94.0% |
| Participation rate | 12.5% | 77.5%-65.0pp | 73.8%-61.3pp | 82.5%-70.0pp |
| Annual return | 0.00% | 31.87%-31.9pp | 30.72%-30.7pp | 345.39%-345.4pp |
| Employer contribution / active EE | $423 | $3,014-86.0% | $2,540-83.3% | $4,763-91.1% |
| Participant deferral / active EE | $635 | $4,086-84.5% | $3,619-82.5% | $5,851-89.2% |
| Admin fee / account holder | $15 | $7,634-99.8% | $6,252-99.8% | $11,598-99.9% |