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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 | $17,431 | $78,707-77.9% | $117,861-85.2% | $70,126-75.1% |
| Participation rate | 30.8% | 73.2%-42.4pp | 79.7%-48.9pp | 69.5%-38.8pp |
| Annual return | 27.15% | 23.30%+3.9pp | 335.11%-308.0pp | 73.15%-46.0pp |
| Employer contribution / active EE | $1,063 | $2,223-52.2% | $3,786-71.9% | $2,343-54.6% |
| Participant deferral / active EE | $1,269 | $3,297-61.5% | $4,482-71.7% | $3,332-61.9% |
| Admin fee / account holder | $0 | $5,066-100.0% | $8,021-100.0% | $4,645-100.0% |