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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 | $13,720 | $117,829-88.4% | $102,423-86.6% | $145,877-90.6% |
| Participation rate | 50.0% | 78.6%-28.6pp | 76.5%-26.5pp | 80.3%-30.3pp |
| Annual return | 12.21% | 31.83%-19.6pp | 29.42%-17.2pp | 551.28%-539.1pp |
| Employer contribution / active EE | $1,225 | $3,615-66.1% | $3,023-59.5% | $4,663-73.7% |
| Participant deferral / active EE | $1,528 | $5,732-73.3% | $5,054-69.8% | $6,691-77.2% |
| Admin fee / account holder | $18 | $13,335-99.9% | $9,455-99.8% | $13,402-99.9% |