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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 | $16,154 | $202,342-92.0% | $172,753-90.6% | $152,909-89.4% |
| Participation rate | 66.7% | 87.1%-20.4pp | 82.6%-16.0pp | 82.5%-15.8pp |
| Annual return | 23.70% | 1029.88%-1006.2pp | 803.00%-779.3pp | 345.46%-321.8pp |
| Employer contribution / active EE | $1,388 | $5,857-76.3% | $5,144-73.0% | $4,764-70.9% |
| Participant deferral / active EE | $1,938 | $5,948-67.4% | $5,198-62.7% | $5,851-66.9% |
| Admin fee / account holder | $133 | $17,112-99.2% | $13,956-99.0% | $11,601-98.8% |