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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 | $25,184 | $78,428-67.9% | $95,960-73.8% | $79,852-68.5% |
| Participation rate | 17.1% | 73.5%-56.4pp | 77.1%-60.0pp | 69.6%-52.6pp |
| Annual return | 94.60% | 19.37%+75.2pp | 91.63%+3.0pp | 31.72%+62.9pp |
| Employer contribution / active EE | $774 | $1,945-60.2% | $2,541-69.6% | $2,471-68.7% |
| Participant deferral / active EE | $1,426 | $3,440-58.5% | $4,167-65.8% | $3,740-61.9% |
| Admin fee / account holder | $95 | $5,622-98.3% | $6,797-98.6% | $5,306-98.2% |