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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 | $10,247 | $124,425-91.8% | $112,040-90.9% | $137,256-92.5% |
| Participation rate | 61.5% | 79.3%-17.8pp | 76.5%-15.0pp | 80.0%-18.4pp |
| Annual return | 23.83% | 24.72%-0.9pp | 24.52%-0.7pp | 220.34%-196.5pp |
| Employer contribution / active EE | $1,199 | $3,411-64.8% | $2,954-59.4% | $4,156-71.1% |
| Participant deferral / active EE | $1,801 | $5,718-68.5% | $5,098-64.7% | $6,407-71.9% |
| Admin fee / account holder | $56 | $15,207-99.6% | $12,098-99.5% | $12,270-99.5% |