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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 | $5,707 | $72,269-92.1% | $101,271-94.4% | $79,852-92.9% |
| Participation rate | 48.1% | 68.5%-20.3pp | 75.8%-27.7pp | 69.6%-21.5pp |
| Annual return | 51.40% | 22.29%+29.1pp | 46.48%+4.9pp | 31.72%+19.7pp |
| Employer contribution / active EE | $772 | $2,692-71.3% | $3,660-78.9% | $2,471-68.8% |
| Participant deferral / active EE | $1,112 | $3,282-66.1% | $4,371-74.6% | $3,740-70.3% |
| Admin fee / account holder | $132 | $4,401-97.0% | $5,948-97.8% | $5,306-97.5% |