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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $22,331 | $58,828-62.0% | $78,002-71.4% | $62,881-64.5% |
| Participation rate | 41.3% | 71.1%-29.8pp | 75.5%-34.2pp | 69.3%-28.0pp |
| Annual return | 4.67% | 17.16%-12.5pp | 425.99%-421.3pp | 20.14%-15.5pp |
| Employer contribution / active EE | $534 | $1,672-68.0% | $2,470-78.4% | $2,281-76.6% |
| Participant deferral / active EE | $1,301 | $2,686-51.5% | $3,497-62.8% | $3,203-59.4% |
| Admin fee / account holder | $262 | $4,393-94.0% | $5,481-95.2% | $4,296-93.9% |