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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 | $8,840 | $98,776-91.1% | $149,745-94.1% | $79,856-88.9% |
| Participation rate | 53.1% | 75.8%-22.7pp | 82.5%-29.4pp | 69.6%-16.5pp |
| Annual return | 20.37% | 27.38%-7.0pp | 276.72%-256.4pp | 31.71%-11.3pp |
| Employer contribution / active EE | $824 | $3,217-74.4% | $4,646-82.3% | $2,471-66.7% |
| Participant deferral / active EE | $1,743 | $5,681-69.3% | $6,843-74.5% | $3,741-53.4% |
| Admin fee / account holder | $261 | $6,053-95.7% | $9,312-97.2% | $5,306-95.1% |