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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 | $12,766 | $167,415-92.4% | $140,514-90.9% | $198,609-93.6% |
| Participation rate | 37.5% | 80.9%-43.4pp | 77.8%-40.3pp | 82.4%-44.9pp |
| Annual return | 19.83% | 13.85%+6.0pp | 14.36%+5.5pp | 202.70%-182.9pp |
| Employer contribution / active EE | $0 | $4,088-100.0% | $3,378-100.0% | $5,055-100.0% |
| Participant deferral / active EE | $1,370 | $5,579-75.4% | $4,919-72.1% | $6,977-80.4% |
| Admin fee / account holder | $107 | $16,730-99.4% | $13,697-99.2% | $19,030-99.4% |