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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 | $13,919 | $209,874-93.4% | $189,537-92.7% | $167,536-91.7% |
| Participation rate | 50.0% | 88.7%-38.7pp | 87.8%-37.8pp | 82.1%-32.1pp |
| Annual return | 16.24% | 748.61%-732.4pp | 555.34%-539.1pp | 478.82%-462.6pp |
| Employer contribution / active EE | $1,558 | $6,913-77.5% | $6,161-74.7% | $4,839-67.8% |
| Participant deferral / active EE | $1,601 | $8,934-82.1% | $8,220-80.5% | $6,342-74.8% |
| Admin fee / account holder | $70 | $14,299-99.5% | $12,048-99.4% | $12,315-99.4% |