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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 | $109,967-95.3% | $97,197-94.7% | $145,877-96.5% |
| Participation rate | 33.3% | 76.0%-42.6pp | 72.7%-39.4pp | 80.3%-47.0pp |
| Annual return | 16.68% | 244.27%-227.6pp | 75.47%-58.8pp | 551.28%-534.6pp |
| Employer contribution / active EE | $431 | $3,077-86.0% | $2,723-84.2% | $4,663-90.8% |
| Participant deferral / active EE | $431 | $4,676-90.8% | $4,263-89.9% | $6,691-93.6% |
| Admin fee / account holder | $66 | $6,199-98.9% | $5,637-98.8% | $13,402-99.5% |