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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 | $12,951 | $124,330-89.6% | $109,173-88.1% | $167,536-92.3% |
| Participation rate | 42.9% | 79.5%-36.6pp | 75.9%-33.0pp | 82.1%-39.3pp |
| Annual return | 23.83% | 26.04%-2.2pp | 25.75%-1.9pp | 478.82%-455.0pp |
| Employer contribution / active EE | $1,290 | $4,209-69.3% | $3,723-65.3% | $4,839-73.3% |
| Participant deferral / active EE | $1,165 | $5,256-77.8% | $4,654-75.0% | $6,342-81.6% |
| Admin fee / account holder | $141 | $7,974-98.2% | $6,755-97.9% | $12,315-98.9% |