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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 | $7,442 | $54,757-86.4% | $90,304-91.8% | $72,975-89.8% |
| Participation rate | 20.0% | 65.2%-45.2pp | 73.3%-53.3pp | 69.5%-49.5pp |
| Annual return | 30.72% | 30.63%+0.1pp | 78.13%-47.4pp | 81.01%-50.3pp |
| Employer contribution / active EE | $237 | $2,093-88.7% | $2,855-91.7% | $2,440-90.3% |
| Participant deferral / active EE | $237 | $2,887-91.8% | $3,885-93.9% | $3,608-93.4% |
| Admin fee / account holder | $0 | $3,973-100.0% | $5,354-100.0% | $5,124-100.0% |