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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 | $3,069 | $111,814-97.3% | $103,378-97.0% | $145,978-97.9% |
| Participation rate | 40.0% | 77.9%-37.9pp | 74.5%-34.5pp | 80.3%-40.3pp |
| Annual return | 12.46% | 24.80%-12.3pp | 24.91%-12.5pp | 550.52%-538.1pp |
| Employer contribution / active EE | $1,113 | $4,215-73.6% | $3,870-71.2% | $4,662-76.1% |
| Participant deferral / active EE | $347 | $5,618-93.8% | $5,058-93.1% | $6,690-94.8% |
| Admin fee / account holder | $77 | $9,764-99.2% | $8,401-99.1% | $13,400-99.4% |