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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 | $33,727 | $289,211-88.3% | $260,467-87.1% | $198,609-83.0% |
| Participation rate | 20.0% | 83.1%-63.1pp | 80.5%-60.5pp | 82.4%-62.4pp |
| Annual return | 16.68% | 112.90%-96.2pp | 100.60%-83.9pp | 202.70%-186.0pp |
| Employer contribution / active EE | $1,000 | $4,663-78.6% | $4,239-76.4% | $5,055-80.2% |
| Participant deferral / active EE | $229 | $6,812-96.6% | $6,319-96.4% | $6,977-96.7% |
| Admin fee / account holder | $0 | $16,236-100.0% | $15,461-100.0% | $19,030-100.0% |