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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 | $7,969 | $94,766-91.6% | $112,923-92.9% | $139,487-94.3% |
| Participation rate | 55.6% | 81.3%-25.8pp | 80.5%-25.0pp | 80.3%-24.8pp |
| Annual return | 18.86% | 40.96%-22.1pp | 34.13%-15.3pp | 373.84%-355.0pp |
| Employer contribution / active EE | $1,276 | $4,636-72.5% | $4,570-72.1% | $4,755-73.2% |
| Participant deferral / active EE | $1,353 | $6,523-79.3% | $6,520-79.2% | $6,713-79.8% |
| Admin fee / account holder | $0 | $8,529-100.0% | $7,046-100.0% | $11,407-100.0% |