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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 | $9,327 | $78,423-88.1% | $95,964-90.3% | $79,856-88.3% |
| Participation rate | 57.8% | 73.5%-15.7pp | 77.1%-19.3pp | 69.6%-11.9pp |
| Annual return | 30.56% | 19.37%+11.2pp | 91.64%-61.1pp | 31.71%-1.2pp |
| Employer contribution / active EE | $1,196 | $1,945-38.5% | $2,541-52.9% | $2,471-51.6% |
| Participant deferral / active EE | $1,402 | $3,440-59.2% | $4,167-66.3% | $3,741-62.5% |
| Admin fee / account holder | $134 | $5,622-97.6% | $6,797-98.0% | $5,306-97.5% |