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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 | $3,483 | $58,493-94.0% | $84,023-95.9% | $72,976-95.2% |
| Participation rate | 50.9% | 61.2%-10.3pp | 69.0%-18.1pp | 69.5%-18.5pp |
| Annual return | 22.44% | 28.93%-6.5pp | 71.32%-48.9pp | 81.02%-58.6pp |
| Employer contribution / active EE | $238 | $1,163-79.5% | $1,984-88.0% | $2,440-90.2% |
| Participant deferral / active EE | $446 | $2,394-81.3% | $3,239-86.2% | $3,608-87.6% |
| Admin fee / account holder | $151 | $4,569-96.7% | $6,102-97.5% | $5,124-97.0% |