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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 | $18,119 | $103,392-82.5% | $87,104-79.2% | $152,897-88.1% |
| Participation rate | 37.5% | 79.4%-41.9pp | 76.9%-39.4pp | 82.5%-45.0pp |
| Annual return | 20.52% | 28.10%-7.6pp | 28.19%-7.7pp | 345.43%-324.9pp |
| Employer contribution / active EE | $803 | $3,221-75.1% | $2,521-68.2% | $4,764-83.2% |
| Participant deferral / active EE | $1,003 | $4,778-79.0% | $4,048-75.2% | $5,851-82.9% |
| Admin fee / account holder | $60 | $12,194-99.5% | $7,491-99.2% | $11,599-99.5% |