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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 | $28,825 | $198,217-85.5% | $67,681-57.4% | - |
| Participation rate | 5.1% | 59.1%-54.1pp | 73.7%-68.7pp | - |
| Annual return | 13.05% | 9.45%+3.6pp | 590.58%-577.5pp | - |
| Employer contribution / active EE | $0 | $1,858-100.0% | $2,678-100.0% | - |
| Participant deferral / active EE | $219 | $3,727-94.1% | $3,976-94.5% | - |
| Admin fee / account holder | $282 | $27,022-99.0% | $6,100-95.4% | - |