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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 | $6,439 | $78,670-91.8% | $109,173-94.1% | $85,847-92.5% |
| Participation rate | 60.0% | 68.3%-8.3pp | 75.9%-15.9pp | 69.3%-9.3pp |
| Annual return | 14.98% | 25.09%-10.1pp | 25.75%-10.8pp | 318.61%-303.6pp |
| Employer contribution / active EE | $2,869 | $2,734+4.9% | $3,723-22.9% | $2,565+11.8% |
| Participant deferral / active EE | $951 | $3,467-72.6% | $4,654-79.6% | $3,952-75.9% |
| Admin fee / account holder | $23 | $5,469-99.6% | $6,755-99.7% | $6,261-99.6% |