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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 | $15,628 | $150,447-89.6% | $136,298-88.5% | $147,586-89.4% |
| Participation rate | 60.0% | 84.4%-24.4pp | 81.9%-21.9pp | 82.8%-22.8pp |
| Annual return | 13.42% | 1049.15%-1035.7pp | 5156.27%-5142.9pp | 578.59%-565.2pp |
| Employer contribution / active EE | $5,936 | $5,256+12.9% | $4,696+26.4% | $4,876+21.7% |
| Participant deferral / active EE | $1,800 | $6,631-72.9% | $6,247-71.2% | $5,439-66.9% |
| Admin fee / account holder | $59 | $10,906-99.5% | $9,244-99.4% | $10,886-99.5% |