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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 | $15,119 | $69,590-78.3% | $136,867-89.0% | $94,015-83.9% |
| Participation rate | 51.7% | 66.3%-14.6pp | 74.5%-22.8pp | 70.8%-19.1pp |
| Annual return | 17.45% | 19.62%-2.2pp | 42.97%-25.5pp | 17.84%-0.4pp |
| Employer contribution / active EE | $397 | $2,396-83.4% | $3,547-88.8% | $2,790-85.8% |
| Participant deferral / active EE | $916 | $3,437-73.3% | $4,924-81.4% | $4,249-78.4% |
| Admin fee / account holder | $112 | $8,912-98.7% | $10,340-98.9% | $8,951-98.7% |