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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 | $13,204 | $157,276-91.6% | $141,177-90.6% | $152,885-91.4% |
| Participation rate | 50.0% | 84.8%-34.8pp | 82.5%-32.5pp | 82.5%-32.5pp |
| Annual return | 22.65% | 64.33%-41.7pp | 71.40%-48.8pp | 345.39%-322.7pp |
| Employer contribution / active EE | $1,799 | $5,262-65.8% | $4,736-62.0% | $4,763-62.2% |
| Participant deferral / active EE | $2,092 | $7,110-70.6% | $6,710-68.8% | $5,851-64.3% |
| Admin fee / account holder | $20 | $12,123-99.8% | $10,263-99.8% | $11,598-99.8% |