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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 | $8,421 | $100,938-91.7% | $90,461-90.7% | $158,982-94.7% |
| Participation rate | 31.6% | 75.0%-43.5pp | 72.7%-41.1pp | 82.0%-50.4pp |
| Annual return | 34.94% | 1727.20%-1692.3pp | 1294.76%-1259.8pp | 302.99%-268.1pp |
| Employer contribution / active EE | $287 | $3,691-92.2% | $3,264-91.2% | $4,763-94.0% |
| Participant deferral / active EE | $411 | $4,350-90.6% | $3,964-89.6% | $5,983-93.1% |
| Admin fee / account holder | $112 | $6,510-98.3% | $5,617-98.0% | $11,252-99.0% |