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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 | $19,473 | $202,342-90.4% | $172,753-88.7% | $152,909-87.3% |
| Participation rate | 25.0% | 87.1%-62.1pp | 82.6%-57.6pp | 82.5%-57.5pp |
| Annual return | 35.78% | 1029.88%-994.1pp | 803.00%-767.2pp | 345.46%-309.7pp |
| Employer contribution / active EE | $1,786 | $5,857-69.5% | $5,144-65.3% | $4,764-62.5% |
| Participant deferral / active EE | $870 | $5,948-85.4% | $5,198-83.3% | $5,851-85.1% |
| Admin fee / account holder | $83 | $17,112-99.5% | $13,956-99.4% | $11,601-99.3% |