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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 | $8,093 | $72,269-88.8% | $101,271-92.0% | $79,852-89.9% |
| Participation rate | 38.9% | 68.5%-29.6pp | 75.8%-36.9pp | 69.6%-30.7pp |
| Annual return | 27.72% | 22.29%+5.4pp | 46.48%-18.8pp | 31.72%-4.0pp |
| Employer contribution / active EE | $904 | $2,692-66.4% | $3,660-75.3% | $2,471-63.4% |
| Participant deferral / active EE | $1,338 | $3,282-59.2% | $4,371-69.4% | $3,740-64.2% |
| Admin fee / account holder | $207 | $4,401-95.3% | $5,948-96.5% | $5,306-96.1% |