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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 | $18,869 | $209,425-91.0% | $178,499-89.4% | $158,966-88.1% |
| Participation rate | 66.7% | 86.4%-19.7pp | 81.9%-15.3pp | 82.0%-15.3pp |
| Annual return | 0.00% | 188.80%-188.8pp | 151.10%-151.1pp | 302.95%-302.9pp |
| Employer contribution / active EE | $9,430 | $5,707+65.2% | $5,011+88.2% | $4,762+98.0% |
| Participant deferral / active EE | $1,150 | $5,955-80.7% | $5,202-77.9% | $5,983-80.8% |
| Admin fee / account holder | $47 | $17,078-99.7% | $13,986-99.7% | $11,250-99.6% |