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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $22,583 | $61,660-63.4% | $80,022-71.8% | $64,173-64.8% |
| Participation rate | 55.6% | 71.7%-16.1pp | 75.8%-20.3pp | 69.6%-14.0pp |
| Annual return | -14.19% | -0.33%-13.9pp | 11.22%-25.4pp | 7.63%-21.8pp |
| Employer contribution / active EE | $1,380 | $1,810-23.8% | $2,468-44.1% | $2,381-42.0% |
| Participant deferral / active EE | $5,910 | $2,968+99.1% | $3,686+60.3% | $3,470+70.3% |
| Admin fee / account holder | $150 | $5,417-97.2% | $6,521-97.7% | $4,887-96.9% |