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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 | $14,902 | $106,923-86.1% | $84,023-82.3% | $152,909-90.3% |
| Participation rate | 50.0% | 75.3%-25.3pp | 69.0%-19.0pp | 82.5%-32.5pp |
| Annual return | 9.06% | 105.02%-96.0pp | 71.32%-62.3pp | 345.46%-336.4pp |
| Employer contribution / active EE | $623 | $2,735-77.2% | $1,984-68.6% | $4,764-86.9% |
| Participant deferral / active EE | $623 | $4,013-84.5% | $3,239-80.8% | $5,851-89.3% |
| Admin fee / account holder | $20 | $8,289-99.8% | $6,102-99.7% | $11,601-99.8% |