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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 | $213,785-89.8% | $185,441-88.2% | $155,188-86.0% |
| Participation rate | 44.4% | 83.2%-38.8pp | 80.3%-35.8pp | 80.8%-36.4pp |
| Annual return | 63.19% | 19.97%+43.2pp | 20.16%+43.0pp | 148.84%-85.6pp |
| Employer contribution / active EE | $1,786 | $5,393-66.9% | $4,672-61.8% | $4,248-57.9% |
| Participant deferral / active EE | $1,893 | $6,864-72.4% | $6,152-69.2% | $6,531-71.0% |
| Admin fee / account holder | $195 | $21,134-99.1% | $17,890-98.9% | $14,480-98.7% |