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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 | $3,810 | $73,988-94.9% | $96,538-96.1% | $75,177-94.9% |
| Participation rate | 48.0% | 66.4%-18.4pp | 74.3%-26.3pp | 67.2%-19.2pp |
| Annual return | 101.61% | 26.73%+74.9pp | 35.74%+65.9pp | 160.75%-59.1pp |
| Employer contribution / active EE | $750 | $2,930-74.4% | $3,740-80.0% | $2,671-71.9% |
| Participant deferral / active EE | $961 | $3,660-73.7% | $4,880-80.3% | $4,126-76.7% |
| Admin fee / account holder | $32 | $5,220-99.4% | $6,737-99.5% | $5,651-99.4% |