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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 | $11,324 | $67,602-83.2% | $82,312-86.2% | $70,126-83.9% |
| Participation rate | 12.5% | 72.8%-60.3pp | 76.9%-64.4pp | 69.5%-57.0pp |
| Annual return | 37.23% | 21.57%+15.7pp | 25.88%+11.4pp | 73.15%-35.9pp |
| Employer contribution / active EE | $387 | $1,755-78.0% | $2,428-84.1% | $2,343-83.5% |
| Participant deferral / active EE | $719 | $2,987-75.9% | $3,706-80.6% | $3,332-78.4% |
| Admin fee / account holder | $144 | $4,512-96.8% | $5,608-97.4% | $4,645-96.9% |