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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 | $12,950 | $71,197-81.8% | $93,669-86.2% | $80,925-84.0% |
| Participation rate | 25.0% | 60.4%-35.4pp | 68.7%-43.7pp | 67.7%-42.7pp |
| Annual return | 12.63% | 11.27%+1.4pp | 133.59%-121.0pp | 35.65%-23.0pp |
| Employer contribution / active EE | $465 | $1,565-70.3% | $2,424-80.8% | $2,756-83.1% |
| Participant deferral / active EE | $936 | $4,036-76.8% | $4,416-78.8% | $4,299-78.2% |
| Admin fee / account holder | $219 | $6,959-96.9% | $8,291-97.4% | $6,940-96.9% |