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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 | $12,533 | $72,273-82.7% | $101,275-87.6% | $79,856-84.3% |
| Participation rate | 23.9% | 68.5%-44.5pp | 75.8%-51.9pp | 69.6%-45.7pp |
| Annual return | 62.62% | 22.30%+40.3pp | 46.48%+16.1pp | 31.71%+30.9pp |
| Employer contribution / active EE | $675 | $2,691-74.9% | $3,660-81.6% | $2,471-72.7% |
| Participant deferral / active EE | $935 | $3,282-71.5% | $4,371-78.6% | $3,741-75.0% |
| Admin fee / account holder | $57 | $4,401-98.7% | $5,948-99.0% | $5,306-98.9% |