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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 | $3,078 | $79,961-96.2% | $98,462-96.9% | $75,177-95.9% |
| Participation rate | 65.5% | 70.4%-4.9pp | 75.2%-9.7pp | 67.2%-1.8pp |
| Annual return | 25.27% | 19.75%+5.5pp | 21.17%+4.1pp | 160.75%-135.5pp |
| Employer contribution / active EE | $648 | $2,264-71.4% | $3,049-78.8% | $2,671-75.8% |
| Participant deferral / active EE | $575 | $3,753-84.7% | $4,738-87.9% | $4,126-86.1% |
| Admin fee / account holder | $259 | $6,842-96.2% | $8,875-97.1% | $5,651-95.4% |