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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 | $12,537 | $155,555-91.9% | $146,866-91.5% | $155,188-91.9% |
| Participation rate | 66.7% | 84.0%-17.3pp | 82.5%-15.8pp | 80.8%-14.1pp |
| Annual return | 18.51% | 115.41%-96.9pp | 102.85%-84.3pp | 148.84%-130.3pp |
| Employer contribution / active EE | $1,538 | $4,647-66.9% | $4,425-65.2% | $4,248-63.8% |
| Participant deferral / active EE | $1,758 | $8,044-78.1% | $7,759-77.3% | $6,531-73.1% |
| Admin fee / account holder | $267 | $14,755-98.2% | $13,620-98.0% | $14,480-98.2% |