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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 | $28,616 | $87,180-67.2% | $173,703-83.5% | $94,015-69.6% |
| Participation rate | 31.9% | 65.6%-33.7pp | 75.9%-44.0pp | 70.8%-38.9pp |
| Annual return | 15.83% | 14.17%+1.7pp | 17.46%-1.6pp | 17.84%-2.0pp |
| Employer contribution / active EE | $602 | $2,494-75.9% | $4,288-86.0% | $2,790-78.4% |
| Participant deferral / active EE | $711 | $3,343-78.7% | $4,854-85.4% | $4,249-83.3% |
| Admin fee / account holder | $15 | $7,506-99.8% | $15,562-99.9% | $8,951-99.8% |