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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 | $5,916 | $226,135-97.4% | $182,558-96.8% | $152,909-96.1% |
| Participation rate | 42.9% | 82.5%-39.6pp | 78.0%-35.1pp | 82.5%-39.6pp |
| Annual return | 28.66% | 192.60%-163.9pp | 148.59%-119.9pp | 345.46%-316.8pp |
| Employer contribution / active EE | $766 | $4,979-84.6% | $4,076-81.2% | $4,764-83.9% |
| Participant deferral / active EE | $913 | $6,371-85.7% | $5,526-83.5% | $5,851-84.4% |
| Admin fee / account holder | $21 | $10,707-99.8% | $8,594-99.8% | $11,601-99.8% |