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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 | $5,055 | $127,296-96.0% | $109,907-95.4% | $167,536-97.0% |
| Participation rate | 68.8% | 77.9%-9.1pp | 74.2%-5.5pp | 82.1%-13.4pp |
| Annual return | 8.25% | 22.97%-14.7pp | 29.46%-21.2pp | 478.82%-470.6pp |
| Employer contribution / active EE | $330 | $3,325-90.1% | $2,844-88.4% | $4,839-93.2% |
| Participant deferral / active EE | $646 | $4,513-85.7% | $4,047-84.0% | $6,342-89.8% |
| Admin fee / account holder | $11 | $7,119-99.8% | $6,069-99.8% | $12,315-99.9% |