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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 | $30,728 | $209,874-85.4% | $189,537-83.8% | $167,536-81.7% |
| Participation rate | 58.3% | 88.7%-30.3pp | 87.8%-29.5pp | 82.1%-23.8pp |
| Annual return | 15.27% | 748.61%-733.3pp | 555.34%-540.1pp | 478.82%-463.5pp |
| Employer contribution / active EE | $4,588 | $6,913-33.6% | $6,161-25.5% | $4,839-5.2% |
| Participant deferral / active EE | $1,289 | $8,934-85.6% | $8,220-84.3% | $6,342-79.7% |
| Admin fee / account holder | $123 | $14,299-99.1% | $12,048-99.0% | $12,315-99.0% |