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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 | $10,708 | $110,212-90.3% | $96,534-88.9% | $139,466-92.3% |
| Participation rate | 42.1% | 78.1%-36.0pp | 76.0%-33.9pp | 80.3%-38.2pp |
| Annual return | 27.86% | 26.42%+1.4pp | 25.88%+2.0pp | 373.66%-345.8pp |
| Employer contribution / active EE | $1,033 | $3,620-71.5% | $2,965-65.2% | $4,754-78.3% |
| Participant deferral / active EE | $1,370 | $5,547-75.3% | $4,851-71.8% | $6,712-79.6% |
| Admin fee / account holder | $32 | $11,599-99.7% | $8,253-99.6% | $11,409-99.7% |