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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 | $5,674 | $102,638-94.5% | $81,982-93.1% | $158,982-96.4% |
| Participation rate | 50.0% | 75.5%-25.5pp | 69.3%-19.3pp | 82.0%-32.0pp |
| Annual return | 44.19% | 61.05%-16.9pp | 41.31%+2.9pp | 302.99%-258.8pp |
| Employer contribution / active EE | $643 | $3,241-80.2% | $2,498-74.3% | $4,763-86.5% |
| Participant deferral / active EE | $799 | $4,649-82.8% | $3,722-78.5% | $5,983-86.7% |
| Admin fee / account holder | $60 | $8,237-99.3% | $5,665-98.9% | $11,252-99.5% |