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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 | $12,339 | $148,623-91.7% | $135,974-90.9% | $139,466-91.2% |
| Participation rate | 60.0% | 83.9%-23.9pp | 81.9%-21.9pp | 80.3%-20.3pp |
| Annual return | 34.85% | 79.30%-44.4pp | 68.30%-33.5pp | 373.66%-338.8pp |
| Employer contribution / active EE | $1,188 | $5,246-77.4% | $4,859-75.6% | $4,754-75.0% |
| Participant deferral / active EE | $1,729 | $8,103-78.7% | $7,760-77.7% | $6,712-74.2% |
| Admin fee / account holder | $20 | $12,406-99.8% | $10,767-99.8% | $11,409-99.8% |