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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 | $19,185 | $89,367-78.5% | $141,191-86.4% | $72,975-73.7% |
| Participation rate | 66.7% | 75.1%-8.5pp | 82.5%-15.8pp | 69.5%-2.8pp |
| Annual return | 31.95% | 111.87%-79.9pp | 71.41%-39.5pp | 81.01%-49.1pp |
| Employer contribution / active EE | $1,000 | $3,115-67.9% | $4,736-78.9% | $2,440-59.0% |
| Participant deferral / active EE | $1,812 | $5,419-66.6% | $6,710-73.0% | $3,608-49.8% |
| Admin fee / account holder | $277 | $5,957-95.4% | $10,264-97.3% | $5,124-94.6% |