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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 | $10,776 | $53,596-79.9% | $90,657-88.1% | $64,173-83.2% |
| Participation rate | 31.3% | 64.5%-33.3pp | 74.0%-42.8pp | 69.6%-38.3pp |
| Annual return | -7.15% | 4.41%-11.6pp | 1.89%-9.0pp | 7.63%-14.8pp |
| Employer contribution / active EE | $523 | $1,503-65.2% | $2,532-79.3% | $2,381-78.0% |
| Participant deferral / active EE | $631 | $2,459-74.3% | $3,424-81.6% | $3,470-81.8% |
| Admin fee / account holder | $11 | $3,868-99.7% | $4,994-99.8% | $4,887-99.8% |