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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 | $13,747 | $67,602-79.7% | $82,312-83.3% | $70,126-80.4% |
| Participation rate | 20.3% | 72.8%-52.5pp | 76.9%-56.6pp | 69.5%-49.3pp |
| Annual return | 40.15% | 21.57%+18.6pp | 25.88%+14.3pp | 73.15%-33.0pp |
| Employer contribution / active EE | $842 | $1,755-52.0% | $2,428-65.3% | $2,343-64.1% |
| Participant deferral / active EE | $1,297 | $2,987-56.6% | $3,706-65.0% | $3,332-61.1% |
| Admin fee / account holder | $84 | $4,512-98.1% | $5,608-98.5% | $4,645-98.2% |