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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 | $5,665 | $65,322-91.3% | $70,494-92.0% | $73,497-92.3% |
| Participation rate | 57.7% | 77.0%-19.2pp | 75.1%-17.3pp | 70.7%-13.0pp |
| Annual return | 50.19% | 15.71%+34.5pp | 109.16%-59.0pp | 28.51%+21.7pp |
| Employer contribution / active EE | $1,728 | $2,460-29.8% | $2,738-36.9% | $2,270-23.9% |
| Participant deferral / active EE | $501 | $3,375-85.2% | $3,711-86.5% | $3,740-86.6% |
| Admin fee / account holder | $98 | $214-54.0% | $3,848-97.4% | $513-80.8% |