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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 | $30,996 | $87,834-64.7% | $133,975-76.9% | $62,881-50.7% |
| Participation rate | 56.1% | 83.4%-27.3pp | 87.1%-31.0pp | 69.3%-13.2pp |
| Annual return | 1.58% | 12.05%-10.5pp | 29.29%-27.7pp | 20.14%-18.6pp |
| Employer contribution / active EE | $1,195 | $3,482-65.7% | $5,211-77.1% | $2,281-47.6% |
| Participant deferral / active EE | $2,366 | $4,812-50.8% | $6,282-62.3% | $3,203-26.1% |
| Admin fee / account holder | $0 | $5,372-100.0% | $9,324-100.0% | $4,296-100.0% |