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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 | $12,189 | $65,575-81.4% | $86,209-85.9% | $75,181-83.8% |
| Participation rate | 32.0% | 60.5%-28.5pp | 69.0%-37.0pp | 67.2%-35.2pp |
| Annual return | 25.90% | 46.07%-20.2pp | 1169.05%-1143.2pp | 160.69%-134.8pp |
| Employer contribution / active EE | $585 | $1,553-62.3% | $2,381-75.4% | $2,671-78.1% |
| Participant deferral / active EE | $802 | $3,023-73.5% | $3,986-79.9% | $4,126-80.6% |
| Admin fee / account holder | $46 | $5,470-99.2% | $6,853-99.3% | $5,650-99.2% |