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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 | $12,570 | $91,536-86.3% | $130,062-90.3% | $75,177-83.3% |
| Participation rate | 31.7% | 71.5%-39.7pp | 78.5%-46.8pp | 67.2%-35.5pp |
| Annual return | 25.30% | -631.62%+656.9pp | -137.37%+162.7pp | 160.75%-135.4pp |
| Employer contribution / active EE | $850 | $2,845-70.1% | $4,322-80.3% | $2,671-68.2% |
| Participant deferral / active EE | $1,335 | $4,343-69.3% | $5,821-77.1% | $4,126-67.7% |
| Admin fee / account holder | $68 | $6,780-99.0% | $10,601-99.4% | $5,651-98.8% |