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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 | $10,159 | $217,427-95.3% | $185,837-94.5% | $167,518-93.9% |
| Participation rate | 62.5% | 86.0%-23.5pp | 81.7%-19.2pp | 82.1%-19.6pp |
| Annual return | 17.41% | 148.39%-131.0pp | 122.08%-104.7pp | 478.71%-461.3pp |
| Employer contribution / active EE | $1,380 | $5,874-76.5% | $5,168-73.3% | $4,838-71.5% |
| Participant deferral / active EE | $1,607 | $6,357-74.7% | $5,568-71.1% | $6,342-74.7% |
| Admin fee / account holder | $109 | $19,816-99.5% | $16,241-99.3% | $12,312-99.1% |