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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 | $15,010 | $58,523-74.4% | $99,479-84.9% | $72,976-79.4% |
| Participation rate | 35.4% | 64.6%-29.2pp | 73.8%-38.4pp | 69.5%-34.1pp |
| Annual return | 20.42% | 28.51%-8.1pp | 30.72%-10.3pp | 81.02%-60.6pp |
| Employer contribution / active EE | $574 | $1,512-62.0% | $2,540-77.4% | $2,440-76.5% |
| Participant deferral / active EE | $687 | $2,606-73.6% | $3,619-81.0% | $3,608-81.0% |
| Admin fee / account holder | $23 | $4,102-99.4% | $6,253-99.6% | $5,124-99.5% |