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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 | $16,774 | $223,823-92.5% | $211,142-92.1% | $154,746-89.2% |
| Participation rate | 40.0% | 87.9%-47.9pp | 87.3%-47.3pp | 80.7%-40.7pp |
| Annual return | 11.88% | 50.39%-38.5pp | 46.84%-35.0pp | 172.34%-160.5pp |
| Employer contribution / active EE | $1,732 | $6,787-74.5% | $6,442-73.1% | $4,379-60.5% |
| Participant deferral / active EE | $429 | $9,750-95.6% | $9,284-95.4% | $6,730-93.6% |
| Admin fee / account holder | $77 | $19,707-99.6% | $19,076-99.6% | $14,365-99.5% |