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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 | $10,190 | $142,430-92.8% | $115,170-91.2% | $152,885-93.3% |
| Participation rate | 37.5% | 82.4%-44.9pp | 75.9%-38.4pp | 82.5%-45.0pp |
| Annual return | 26.97% | 41.48%-14.5pp | 35.60%-8.6pp | 345.39%-318.4pp |
| Employer contribution / active EE | $865 | $4,011-78.4% | $3,179-72.8% | $4,763-81.8% |
| Participant deferral / active EE | $1,061 | $5,165-79.5% | $4,169-74.5% | $5,851-81.9% |
| Admin fee / account holder | $129 | $8,464-98.5% | $7,089-98.2% | $11,598-98.9% |