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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 | $12,174 | $110,240-89.0% | $96,544-87.4% | $139,487-91.3% |
| Participation rate | 53.8% | 78.1%-24.3pp | 76.0%-22.1pp | 80.3%-26.5pp |
| Annual return | 22.41% | 26.41%-4.0pp | 25.88%-3.5pp | 373.84%-351.4pp |
| Employer contribution / active EE | $915 | $3,622-74.8% | $2,966-69.2% | $4,755-80.8% |
| Participant deferral / active EE | $1,198 | $5,549-78.4% | $4,851-75.3% | $6,713-82.2% |
| Admin fee / account holder | $65 | $11,602-99.4% | $8,254-99.2% | $11,407-99.4% |