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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 | $8,522 | $69,012-87.7% | $160,009-94.7% | $68,486-87.6% |
| Participation rate | 60.0% | 65.4%-5.4pp | 78.0%-18.0pp | 67.9%-7.9pp |
| Annual return | -16.86% | -9.65%-7.2pp | 408.85%-425.7pp | -7.85%-9.0pp |
| Employer contribution / active EE | $651 | $2,212-70.6% | $4,225-84.6% | $2,597-74.9% |
| Participant deferral / active EE | $895 | $4,212-78.8% | $6,183-85.5% | $4,028-77.8% |
| Admin fee / account holder | $55 | $4,798-98.9% | $8,715-99.4% | $5,404-99.0% |