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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 | $7,631 | $63,346-88.0% | $92,240-91.7% | $70,126-89.1% |
| Participation rate | 21.1% | 68.7%-47.6pp | 76.5%-55.4pp | 69.5%-48.5pp |
| Annual return | 138.17% | 530.19%-392.0pp | 176.29%-38.1pp | 73.15%+65.0pp |
| Employer contribution / active EE | $1,016 | $2,471-58.9% | $3,680-72.4% | $2,343-56.6% |
| Participant deferral / active EE | $728 | $2,854-74.5% | $3,897-81.3% | $3,332-78.2% |
| Admin fee / account holder | $17 | $3,841-99.5% | $5,194-99.7% | $4,645-99.6% |