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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 | $10,826 | $111,814-90.3% | $93,654-88.4% | $145,959-92.6% |
| Participation rate | 58.3% | 74.2%-15.9pp | 68.7%-10.4pp | 80.3%-22.0pp |
| Annual return | 20.67% | 203.30%-182.6pp | 133.34%-112.7pp | 561.95%-541.3pp |
| Employer contribution / active EE | $551 | $3,092-82.2% | $2,421-77.3% | $4,661-88.2% |
| Participant deferral / active EE | $775 | $4,914-84.2% | $4,413-82.4% | $6,689-88.4% |
| Admin fee / account holder | $20 | $10,246-99.8% | $8,282-99.8% | $13,398-99.9% |