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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 | $15,313 | $99,652-84.6% | $78,778-80.6% | $147,586-89.6% |
| Participation rate | 22.2% | 76.2%-54.0pp | 69.2%-47.0pp | 82.8%-60.6pp |
| Annual return | 19.85% | 47.28%-27.4pp | 35.62%-15.8pp | 578.59%-558.7pp |
| Employer contribution / active EE | $367 | $2,796-86.9% | $1,986-81.5% | $4,876-92.5% |
| Participant deferral / active EE | $431 | $3,664-88.2% | $2,958-85.4% | $5,439-92.1% |
| Admin fee / account holder | $0 | $7,155-100.0% | $5,134-100.0% | $10,886-100.0% |