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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 | $9,786 | $110,410-91.1% | $102,437-90.4% | $145,897-93.3% |
| Participation rate | 50.0% | 77.9%-27.9pp | 74.5%-24.5pp | 80.3%-30.3pp |
| Annual return | 15.58% | 24.85%-9.3pp | 24.95%-9.4pp | 552.29%-536.7pp |
| Employer contribution / active EE | $867 | $4,217-79.4% | $3,871-77.6% | $4,663-81.4% |
| Participant deferral / active EE | $1,189 | $5,622-78.9% | $5,060-76.5% | $6,689-82.2% |
| Admin fee / account holder | $46 | $9,745-99.5% | $8,388-99.4% | $13,390-99.7% |