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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 | $5,140 | $110,093-95.3% | $97,295-94.7% | $145,897-96.5% |
| Participation rate | 33.3% | 75.9%-42.6pp | 72.7%-39.3pp | 80.3%-47.0pp |
| Annual return | 16.68% | 244.76%-228.1pp | 75.62%-58.9pp | 552.29%-535.6pp |
| Employer contribution / active EE | $431 | $3,077-86.0% | $2,723-84.2% | $4,663-90.8% |
| Participant deferral / active EE | $431 | $4,678-90.8% | $4,264-89.9% | $6,689-93.6% |
| Admin fee / account holder | $66 | $6,212-98.9% | $5,646-98.8% | $13,390-99.5% |