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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 | $9,783 | $93,346-89.5% | $71,796-86.4% | $273,972-96.4% |
| Participation rate | 22.2% | 76.5%-54.3pp | 69.1%-46.9pp | 83.0%-60.8pp |
| Annual return | 11.12% | 130.39%-119.3pp | 78.04%-66.9pp | 41.46%-30.3pp |
| Employer contribution / active EE | $378 | $2,733-86.2% | $1,924-80.4% | $4,869-92.2% |
| Participant deferral / active EE | $444 | $3,475-87.2% | $2,794-84.1% | $5,287-91.6% |
| Admin fee / account holder | $0 | $6,571-100.0% | $4,815-100.0% | $10,133-100.0% |