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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 | $6,007 | $52,279-88.5% | $89,414-93.3% | $79,852-92.5% |
| Participation rate | 31.8% | 57.5%-25.7pp | 68.0%-36.2pp | 69.6%-37.8pp |
| Annual return | 23.14% | 22.16%+1.0pp | 245.50%-222.4pp | 31.72%-8.6pp |
| Employer contribution / active EE | $0 | $1,572-100.0% | $2,586-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $748 | $2,740-72.7% | $3,890-80.8% | $3,740-80.0% |
| Admin fee / account holder | $268 | $3,356-92.0% | $4,883-94.5% | $5,306-95.0% |