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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 | $19,594 | $135,956-85.6% | $123,894-84.2% | $273,972-92.8% |
| Participation rate | 23.1% | 84.1%-61.0pp | 81.4%-58.3pp | 83.0%-59.9pp |
| Annual return | 11.22% | 56.63%-45.4pp | 47.52%-36.3pp | 41.46%-30.2pp |
| Employer contribution / active EE | $879 | $5,170-83.0% | $4,617-81.0% | $4,869-82.0% |
| Participant deferral / active EE | $917 | $6,343-85.5% | $5,984-84.7% | $5,287-82.7% |
| Admin fee / account holder | $35 | $9,817-99.6% | $8,357-99.6% | $10,133-99.7% |