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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 | $10,964 | $176,105-93.8% | $159,474-93.1% | $167,536-93.5% |
| Participation rate | 55.6% | 85.0%-29.4pp | 82.8%-27.3pp | 82.1%-26.6pp |
| Annual return | 25.57% | 331.91%-306.3pp | 263.68%-238.1pp | 478.82%-453.2pp |
| Employer contribution / active EE | $1,205 | $5,299-77.3% | $4,831-75.1% | $4,839-75.1% |
| Participant deferral / active EE | $2,369 | $7,751-69.4% | $7,353-67.8% | $6,342-62.6% |
| Admin fee / account holder | $0 | $12,559-100.0% | $10,802-100.0% | $12,315-100.0% |