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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 | $8,074 | $107,363-92.5% | $92,909-91.3% | $152,897-94.7% |
| Participation rate | 42.9% | 79.8%-36.9pp | 76.0%-33.1pp | 82.5%-39.6pp |
| Annual return | 37.10% | 145.63%-108.5pp | 109.44%-72.3pp | 345.43%-308.3pp |
| Employer contribution / active EE | $950 | $4,222-77.5% | $3,653-74.0% | $4,764-80.1% |
| Participant deferral / active EE | $950 | $4,848-80.4% | $4,238-77.6% | $5,851-83.8% |
| Admin fee / account holder | $15 | $7,082-99.8% | $5,795-99.7% | $11,599-99.9% |