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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 | $11,621 | $121,677-90.4% | $104,625-88.9% | $158,966-92.7% |
| Participation rate | 43.5% | 77.5%-34.1pp | 74.1%-30.6pp | 82.0%-38.5pp |
| Annual return | 20.06% | 465.58%-445.5pp | 340.60%-320.5pp | 302.95%-282.9pp |
| Employer contribution / active EE | $284 | $3,165-91.0% | $2,681-89.4% | $4,762-94.0% |
| Participant deferral / active EE | $661 | $4,175-84.2% | $3,738-82.3% | $5,983-88.9% |
| Admin fee / account holder | $24 | $7,777-99.7% | $6,465-99.6% | $11,250-99.8% |