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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 | $15,658 | $76,371-79.5% | $93,621-83.3% | $72,976-78.5% |
| Participation rate | 48.8% | 71.8%-23.0pp | 75.8%-27.1pp | 69.5%-20.7pp |
| Annual return | 46.53% | 25.82%+20.7pp | 32.76%+13.8pp | 81.02%-34.5pp |
| Employer contribution / active EE | $615 | $2,276-73.0% | $2,719-77.4% | $2,440-74.8% |
| Participant deferral / active EE | $660 | $3,538-81.4% | $4,070-83.8% | $3,608-81.7% |
| Admin fee / account holder | $0 | $6,839-100.0% | $7,890-100.0% | $5,124-100.0% |