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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 | $14,520 | $135,956-89.3% | $123,894-88.3% | $273,972-94.7% |
| Participation rate | 57.1% | 84.1%-26.9pp | 81.4%-24.3pp | 83.0%-25.9pp |
| Annual return | 8.34% | 56.63%-48.3pp | 47.52%-39.2pp | 41.46%-33.1pp |
| Employer contribution / active EE | $1,545 | $5,170-70.1% | $4,617-66.5% | $4,869-68.3% |
| Participant deferral / active EE | $1,545 | $6,343-75.6% | $5,984-74.2% | $5,287-70.8% |
| Admin fee / account holder | $167 | $9,817-98.3% | $8,357-98.0% | $10,133-98.3% |