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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 | $12,478 | $107,363-88.4% | $92,909-86.6% | $152,897-91.8% |
| Participation rate | 40.0% | 79.8%-39.8pp | 76.0%-36.0pp | 82.5%-42.5pp |
| Annual return | 26.90% | 145.63%-118.7pp | 109.44%-82.5pp | 345.43%-318.5pp |
| Employer contribution / active EE | $968 | $4,222-77.1% | $3,653-73.5% | $4,764-79.7% |
| Participant deferral / active EE | $1,087 | $4,848-77.6% | $4,238-74.4% | $5,851-81.4% |
| Admin fee / account holder | $20 | $7,082-99.7% | $5,795-99.7% | $11,599-99.8% |