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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 | $9,231 | $55,713-83.4% | $75,901-87.8% | $72,975-87.4% |
| Participation rate | 19.4% | 61.1%-41.7pp | 69.3%-49.8pp | 69.5%-50.0pp |
| Annual return | 62.80% | 27.60%+35.2pp | 30.76%+32.0pp | 81.01%-18.2pp |
| Employer contribution / active EE | $447 | $1,687-73.5% | $2,501-82.1% | $2,440-81.7% |
| Participant deferral / active EE | $732 | $2,634-72.2% | $3,603-79.7% | $3,608-79.7% |
| Admin fee / account holder | $249 | $3,980-93.7% | $5,420-95.4% | $5,124-95.1% |