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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 | $4,600 | $48,300-90.5% | $40,145,923-100.0% | $62,881-92.7% |
| Participation rate | 35.7% | 62.0%-26.3pp | 68.4%-32.7pp | 69.3%-33.6pp |
| Annual return | 73.88% | 6.95%+66.9pp | 5.24%+68.6pp | 20.14%+53.7pp |
| Employer contribution / active EE | $590 | $1,333-55.7% | $1,844-68.0% | $2,281-74.1% |
| Participant deferral / active EE | $667 | $2,388-72.1% | $2,591-74.3% | $3,203-79.2% |
| Admin fee / account holder | $238 | $2,919-91.8% | $2,903-91.8% | $4,296-94.5% |