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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 | $5,210 | $63,082-91.7% | $81,716-93.6% | $79,852-93.5% |
| Participation rate | 51.6% | 67.5%-15.9pp | 72.0%-20.4pp | 69.6%-18.0pp |
| Annual return | 27.26% | 22.66%+4.6pp | 29.49%-2.2pp | 31.72%-4.5pp |
| Employer contribution / active EE | $0 | $1,795-100.0% | $4,310-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $958 | $2,780-65.6% | $7,108-86.5% | $3,740-74.4% |
| Admin fee / account holder | $82 | $4,428-98.1% | $5,159-98.4% | $5,306-98.4% |