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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 | $11,628 | $83,337-86.0% | $67,834-82.9% | $273,972-95.8% |
| Participation rate | 50.0% | 76.4%-26.4pp | 68.8%-18.8pp | 83.0%-33.0pp |
| Annual return | 10.20% | 259.45%-249.2pp | 138.47%-128.3pp | 41.46%-31.3pp |
| Employer contribution / active EE | $615 | $3,287-81.3% | $2,403-74.4% | $4,869-87.4% |
| Participant deferral / active EE | $853 | $4,088-79.1% | $3,160-73.0% | $5,287-83.9% |
| Admin fee / account holder | $164 | $6,752-97.6% | $4,622-96.5% | $10,133-98.4% |