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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 | $7,363 | $49,896-85.2% | $80,627-90.9% | $75,173-90.2% |
| Participation rate | 11.1% | 55.3%-44.2pp | 67.0%-55.9pp | 67.2%-56.1pp |
| Annual return | 47.95% | 34.67%+13.3pp | 936.76%-888.8pp | 160.72%-112.8pp |
| Employer contribution / active EE | $287 | $1,699-83.1% | $2,723-89.5% | $2,671-89.3% |
| Participant deferral / active EE | $325 | $2,992-89.1% | $4,443-92.7% | $4,126-92.1% |
| Admin fee / account holder | $87 | $3,578-97.6% | $5,381-98.4% | $5,651-98.5% |