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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 | $11,063 | $153,769-92.8% | $133,975-91.7% | $273,972-96.0% |
| Participation rate | 50.0% | 88.4%-38.4pp | 87.1%-37.1pp | 83.0%-33.0pp |
| Annual return | 12.47% | 36.51%-24.0pp | 29.29%-16.8pp | 41.46%-29.0pp |
| Employer contribution / active EE | $1,427 | $6,029-76.3% | $5,211-72.6% | $4,869-70.7% |
| Participant deferral / active EE | $2,095 | $6,958-69.9% | $6,282-66.6% | $5,287-60.4% |
| Admin fee / account holder | $13 | $11,765-99.9% | $9,324-99.9% | $10,133-99.9% |