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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 | $3,433 | $78,428-95.6% | $95,960-96.4% | $79,852-95.7% |
| Participation rate | 32.3% | 73.5%-41.2pp | 77.1%-44.8pp | 69.6%-37.3pp |
| Annual return | 20.28% | 19.37%+0.9pp | 91.63%-71.4pp | 31.72%-11.4pp |
| Employer contribution / active EE | $0 | $1,945-100.0% | $2,541-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $460 | $3,440-86.6% | $4,167-89.0% | $3,740-87.7% |
| Admin fee / account holder | $213 | $5,622-96.2% | $6,797-96.9% | $5,306-96.0% |