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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 | $12,663 | $52,884-76.1% | $84,753-85.1% | $55,167-77.0% |
| Participation rate | 46.7% | 67.5%-20.8pp | 76.6%-29.9pp | 69.0%-22.3pp |
| Annual return | 10.05% | 18.03%-8.0pp | 22.78%-12.7pp | 169.23%-159.2pp |
| Employer contribution / active EE | $717 | $2,233-67.9% | $3,574-79.9% | $1,963-63.5% |
| Participant deferral / active EE | $1,065 | $2,644-59.7% | $3,712-71.3% | $3,054-65.1% |
| Admin fee / account holder | $148 | $581-74.5% | $5,333-97.2% | $504-70.6% |