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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 | $4,979 | $167,483-97.0% | $115,752-95.7% | $147,586-96.6% |
| Participation rate | 60.0% | 81.7%-21.7pp | 77.8%-17.8pp | 82.8%-22.8pp |
| Annual return | 33.38% | 12.11%+21.3pp | 19.41%+14.0pp | 578.59%-545.2pp |
| Employer contribution / active EE | $1,348 | $4,960-72.8% | $3,492-61.4% | $4,876-72.3% |
| Participant deferral / active EE | $1,631 | $7,037-76.8% | $5,204-68.7% | $5,439-70.0% |
| Admin fee / account holder | $13 | $13,069-99.9% | $6,278-99.8% | $10,886-99.9% |