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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 | $47,660 | $275,752-82.7% | $256,809-81.4% | $198,609-76.0% |
| Participation rate | 50.0% | 89.2%-39.2pp | 88.5%-38.5pp | 82.4%-32.4pp |
| Annual return | 20.16% | 34.81%-14.7pp | 32.73%-12.6pp | 202.70%-182.5pp |
| Employer contribution / active EE | $3,165 | $7,721-59.0% | $7,263-56.4% | $5,055-37.4% |
| Participant deferral / active EE | $4,056 | $10,037-59.6% | $9,520-57.4% | $6,977-41.9% |
| Admin fee / account holder | $17 | $25,716-99.9% | $25,146-99.9% | $19,030-99.9% |