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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 | $6,500 | $77,638-91.6% | $156,551-95.8% | $62,881-89.7% |
| Participation rate | 17.0% | 71.2%-54.2pp | 84.0%-67.0pp | 69.3%-52.3pp |
| Annual return | 33.55% | 50.33%-16.8pp | 32.23%+1.3pp | 20.14%+13.4pp |
| Employer contribution / active EE | $406 | $3,444-88.2% | $5,501-92.6% | $2,281-82.2% |
| Participant deferral / active EE | $684 | $3,046-77.5% | $4,871-85.9% | $3,203-78.6% |
| Admin fee / account holder | $0 | $5,561-100.0% | $13,028-100.0% | $4,296-100.0% |