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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 | $16,158 | $78,013-79.3% | $178,449-90.9% | $80,911-80.0% |
| Participation rate | 27.3% | 65.7%-38.4pp | 77.1%-49.8pp | 67.6%-40.4pp |
| Annual return | 40.86% | 18.07%+22.8pp | 27.09%+13.8pp | 35.63%+5.2pp |
| Employer contribution / active EE | $604 | $2,287-73.6% | $3,951-84.7% | $2,756-78.1% |
| Participant deferral / active EE | $1,076 | $4,408-75.6% | $6,277-82.9% | $4,297-75.0% |
| Admin fee / account holder | $20 | $7,166-99.7% | $10,362-99.8% | $6,935-99.7% |