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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 | $8,644 | $65,555-86.8% | $86,216-90.0% | $75,173-88.5% |
| Participation rate | 30.3% | 60.5%-30.2pp | 69.0%-38.7pp | 67.2%-36.9pp |
| Annual return | 45.03% | 46.07%-1.0pp | 1169.42%-1124.4pp | 160.72%-115.7pp |
| Employer contribution / active EE | $520 | $1,553-66.5% | $2,382-78.2% | $2,671-80.5% |
| Participant deferral / active EE | $1,148 | $3,023-62.0% | $3,986-71.2% | $4,126-72.2% |
| Admin fee / account holder | $23 | $5,469-99.6% | $6,853-99.7% | $5,651-99.6% |