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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 | $13,420 | $47,180-71.6% | $149,723-91.0% | $74,473-82.0% |
| Participation rate | 10.7% | 63.4%-52.7pp | 78.8%-68.1pp | 70.7%-60.0pp |
| Annual return | 46.53% | 22.75%+23.8pp | 134.50%-88.0pp | 34.36%+12.2pp |
| Employer contribution / active EE | $1,159 | $1,907-39.2% | $4,821-76.0% | $2,638-56.1% |
| Participant deferral / active EE | $223 | $2,730-91.8% | $5,682-96.1% | $4,530-95.1% |
| Admin fee / account holder | $285 | $343-16.8% | $13,215-97.8% | $347-17.7% |