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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 | $21,790 | $199,109-89.1% | $173,730-87.5% | $154,746-85.9% |
| Participation rate | 44.4% | 82.8%-38.4pp | 79.6%-35.1pp | 80.7%-36.3pp |
| Annual return | 63.19% | 20.02%+43.2pp | 19.96%+43.2pp | 172.34%-109.1pp |
| Employer contribution / active EE | $1,786 | $5,311-66.4% | $4,577-61.0% | $4,379-59.2% |
| Participant deferral / active EE | $1,893 | $7,113-73.4% | $6,326-70.1% | $6,730-71.9% |
| Admin fee / account holder | $195 | $20,916-99.1% | $17,523-98.9% | $14,365-98.6% |