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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 | $11,731 | $211,239-94.4% | $178,528-93.4% | $145,877-92.0% |
| Participation rate | 54.5% | 80.8%-26.3pp | 77.1%-22.6pp | 80.3%-25.8pp |
| Annual return | 18.95% | 30.22%-11.3pp | 27.11%-8.2pp | 551.28%-532.3pp |
| Employer contribution / active EE | $1,071 | $4,570-76.6% | $3,950-72.9% | $4,663-77.0% |
| Participant deferral / active EE | $800 | $6,963-88.5% | $6,278-87.3% | $6,691-88.0% |
| Admin fee / account holder | $169 | $12,095-98.6% | $10,419-98.4% | $13,402-98.7% |