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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 | $8,579 | $81,276-89.4% | $155,574-94.5% | $80,925-89.4% |
| Participation rate | 26.7% | 66.2%-39.6pp | 78.2%-51.5pp | 67.7%-41.0pp |
| Annual return | 81.19% | 33.36%+47.8pp | 64.87%+16.3pp | 35.65%+45.5pp |
| Employer contribution / active EE | $852 | $3,103-72.6% | $4,676-81.8% | $2,756-69.1% |
| Participant deferral / active EE | $897 | $3,453-74.0% | $5,629-84.1% | $4,299-79.1% |
| Admin fee / account holder | $28 | $7,993-99.6% | $15,914-99.8% | $6,940-99.6% |