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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 | $10,125 | $103,393-90.2% | $87,103-88.4% | $152,909-93.4% |
| Participation rate | 60.0% | 79.4%-19.4pp | 76.9%-16.9pp | 82.5%-22.5pp |
| Annual return | 18.59% | 28.10%-9.5pp | 28.19%-9.6pp | 345.46%-326.9pp |
| Employer contribution / active EE | $1,147 | $3,221-64.4% | $2,521-54.5% | $4,764-75.9% |
| Participant deferral / active EE | $1,404 | $4,778-70.6% | $4,049-65.3% | $5,851-76.0% |
| Admin fee / account holder | $0 | $12,195-100.0% | $7,491-100.0% | $11,601-100.0% |