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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 | $4,352 | $55,889-92.2% | $76,119-94.3% | $80,935-94.6% |
| Participation rate | 53.6% | 62.1%-8.5pp | 69.1%-15.5pp | 67.7%-14.1pp |
| Annual return | 17.10% | 20.58%-3.5pp | 361.25%-344.1pp | 35.66%-18.6pp |
| Employer contribution / active EE | $1,767 | $1,866-5.3% | $2,693-34.4% | $2,757-35.9% |
| Participant deferral / active EE | $647 | $3,051-78.8% | $4,259-84.8% | $4,299-85.0% |
| Admin fee / account holder | $279 | $5,241-94.7% | $6,421-95.7% | $6,924-96.0% |