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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 | $9,353 | $58,391-84.0% | $76,667-87.8% | $72,976-87.2% |
| Participation rate | 27.1% | 67.4%-40.3pp | 72.1%-45.0pp | 69.5%-42.4pp |
| Annual return | 26.80% | 2306.65%-2279.8pp | 1166.74%-1139.9pp | 81.02%-54.2pp |
| Employer contribution / active EE | $523 | $1,787-70.7% | $2,303-77.3% | $2,440-78.6% |
| Participant deferral / active EE | $862 | $2,690-67.9% | $3,336-74.2% | $3,608-76.1% |
| Admin fee / account holder | $128 | $4,014-96.8% | $6,423-98.0% | $5,124-97.5% |