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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 | $15,794 | $82,678-80.9% | $125,391-87.4% | $68,490-76.9% |
| Participation rate | 38.5% | 75.1%-36.6pp | 82.4%-43.9pp | 67.9%-29.4pp |
| Annual return | 19.22% | -5.97%+25.2pp | 572.41%-553.2pp | -7.85%+27.1pp |
| Employer contribution / active EE | $1,011 | $3,382-70.1% | $4,816-79.0% | $2,597-61.1% |
| Participant deferral / active EE | $1,395 | $6,111-77.2% | $7,448-81.3% | $4,028-65.4% |
| Admin fee / account holder | $19 | $6,277-99.7% | $10,009-99.8% | $5,403-99.7% |