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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 | $21,818 | $176,838-87.7% | $146,685-85.1% | $167,518-87.0% |
| Participation rate | 54.5% | 83.6%-29.1pp | 80.1%-25.5pp | 82.1%-27.6pp |
| Annual return | 9.76% | 24.04%-14.3pp | 22.75%-13.0pp | 478.71%-468.9pp |
| Employer contribution / active EE | $1,250 | $5,161-75.8% | $4,137-69.8% | $4,838-74.2% |
| Participant deferral / active EE | $1,560 | $6,441-75.8% | $5,507-71.7% | $6,342-75.4% |
| Admin fee / account holder | $197 | $13,262-98.5% | $10,281-98.1% | $12,312-98.4% |