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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 | $9,636 | $89,367-89.2% | $141,191-93.2% | $72,975-86.8% |
| Participation rate | 57.7% | 75.1%-17.4pp | 82.5%-24.7pp | 69.5%-11.7pp |
| Annual return | 22.04% | 111.87%-89.8pp | 71.41%-49.4pp | 81.01%-59.0pp |
| Employer contribution / active EE | $684 | $3,115-78.0% | $4,736-85.6% | $2,440-72.0% |
| Participant deferral / active EE | $905 | $5,419-83.3% | $6,710-86.5% | $3,608-74.9% |
| Admin fee / account holder | $276 | $5,957-95.4% | $10,264-97.3% | $5,124-94.6% |