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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 | $17,650 | $180,462-90.2% | $154,111-88.5% | $135,379-87.0% |
| Participation rate | 55.6% | 87.4%-31.9pp | 83.0%-27.5pp | 82.6%-27.1pp |
| Annual return | 23.71% | 888.17%-864.5pp | 735.18%-711.5pp | 519.79%-496.1pp |
| Employer contribution / active EE | $1,300 | $6,036-78.5% | $5,298-75.5% | $4,779-72.8% |
| Participant deferral / active EE | $1,407 | $5,806-75.8% | $5,081-72.3% | $5,609-74.9% |
| Admin fee / account holder | $51 | $16,145-99.7% | $13,411-99.6% | $10,828-99.5% |