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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 | $138,312-90.8% | $122,979-89.6% | $155,188-91.8% |
| Participation rate | 37.5% | 80.2%-42.7pp | 77.2%-39.7pp | 80.8%-43.3pp |
| Annual return | 19.83% | 22.06%-2.2pp | 20.12%-0.3pp | 148.84%-129.0pp |
| Employer contribution / active EE | $0 | $3,530-100.0% | $3,062-100.0% | $4,248-100.0% |
| Participant deferral / active EE | $1,370 | $5,592-75.5% | $5,003-72.6% | $6,531-79.0% |
| Admin fee / account holder | $107 | $15,089-99.3% | $12,864-99.2% | $14,480-99.3% |