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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 | $14,803 | $55,457-73.3% | $77,361-80.9% | $94,015-84.3% |
| Participation rate | 69.7% | 69.8%-0.1pp | 75.0%-5.3pp | 70.8%-1.1pp |
| Annual return | 35.00% | 15.57%+19.4pp | 1011.54%-976.5pp | 17.84%+17.2pp |
| Employer contribution / active EE | $4,508 | $2,255+99.9% | $2,990+50.8% | $2,790+61.6% |
| Participant deferral / active EE | $1,035 | $3,069-66.3% | $3,911-73.5% | $4,249-75.7% |
| Admin fee / account holder | $262 | $4,334-94.0% | $5,894-95.6% | $8,951-97.1% |