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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 | $3,824 | $49,897-92.3% | $80,648-95.3% | $75,177-94.9% |
| Participation rate | 44.0% | 55.3%-11.3pp | 67.0%-23.0pp | 67.2%-23.2pp |
| Annual return | 32.75% | 34.68%-1.9pp | 937.21%-904.5pp | 160.75%-128.0pp |
| Employer contribution / active EE | $260 | $1,699-84.7% | $2,724-90.4% | $2,671-90.3% |
| Participant deferral / active EE | $686 | $2,992-77.1% | $4,443-84.6% | $4,126-83.4% |
| Admin fee / account holder | $73 | $3,579-98.0% | $5,382-98.6% | $5,651-98.7% |