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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 | $8,978 | $93,598-90.4% | $135,974-93.4% | $75,173-88.1% |
| Participation rate | 63.0% | 75.2%-12.2pp | 81.9%-19.0pp | 67.2%-4.2pp |
| Annual return | 20.88% | 30.89%-10.0pp | 68.30%-47.4pp | 160.72%-139.8pp |
| Employer contribution / active EE | $1,035 | $3,538-70.7% | $4,859-78.7% | $2,671-61.2% |
| Participant deferral / active EE | $1,386 | $6,405-78.4% | $7,760-82.1% | $4,126-66.4% |
| Admin fee / account holder | $140 | $6,978-98.0% | $10,767-98.7% | $5,651-97.5% |