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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 | $5,356 | $96,558-94.5% | $80,977-93.4% | $273,972-98.0% |
| Participation rate | 55.6% | 79.1%-23.5pp | 75.8%-20.3pp | 83.0%-27.5pp |
| Annual return | 6.27% | 15.14%-8.9pp | 17.11%-10.8pp | 41.46%-35.2pp |
| Employer contribution / active EE | $642 | $4,869-86.8% | $3,715-82.7% | $4,869-86.8% |
| Participant deferral / active EE | $1,028 | $6,598-84.4% | $5,696-82.0% | $5,287-80.6% |
| Admin fee / account holder | $70 | $7,493-99.1% | $5,517-98.7% | $10,133-99.3% |