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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 | $6,798 | $73,978-90.8% | $96,515-93.0% | $75,173-91.0% |
| Participation rate | 22.2% | 66.4%-44.2pp | 74.3%-52.1pp | 67.2%-45.0pp |
| Annual return | 15.08% | 26.72%-11.6pp | 35.73%-20.6pp | 160.72%-145.6pp |
| Employer contribution / active EE | $0 | $2,931-100.0% | $3,740-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $833 | $3,660-77.2% | $4,880-82.9% | $4,126-79.8% |
| Admin fee / account holder | $189 | $5,219-96.4% | $6,735-97.2% | $5,651-96.6% |