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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 | $6,589 | $106,918-93.8% | $84,021-92.2% | $152,897-95.7% |
| Participation rate | 20.0% | 75.2%-55.2pp | 69.0%-49.0pp | 82.5%-62.5pp |
| Annual return | 60.13% | 105.01%-44.9pp | 71.32%-11.2pp | 345.43%-285.3pp |
| Employer contribution / active EE | $390 | $2,735-85.8% | $1,984-80.4% | $4,764-91.8% |
| Participant deferral / active EE | $585 | $4,012-85.4% | $3,239-82.0% | $5,851-90.0% |
| Admin fee / account holder | $17 | $8,288-99.8% | $6,102-99.7% | $11,599-99.9% |