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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 | $5,581 | $174,379-96.8% | $152,093-96.3% | $138,895-96.0% |
| Participation rate | 65.0% | 81.6%-16.6pp | 77.8%-12.8pp | 79.9%-14.9pp |
| Annual return | 26.38% | 74.86%-48.5pp | 66.36%-40.0pp | 145.39%-119.0pp |
| Employer contribution / active EE | $897 | $4,652-80.7% | $4,175-78.5% | $4,194-78.6% |
| Participant deferral / active EE | $1,341 | $6,159-78.2% | $5,451-75.4% | $6,396-79.0% |
| Admin fee / account holder | $107 | $16,880-99.4% | $14,497-99.3% | $12,562-99.2% |