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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 | $3,762 | $70,121-94.6% | $63,803-94.1% | $138,895-97.3% |
| Participation rate | 61.5% | 77.2%-15.7pp | 72.7%-11.2pp | 79.9%-18.4pp |
| Annual return | 21.57% | 946.48%-924.9pp | 543.72%-522.2pp | 145.39%-123.8pp |
| Employer contribution / active EE | $460 | $2,882-84.0% | $2,532-81.8% | $4,194-89.0% |
| Participant deferral / active EE | $799 | $4,535-82.4% | $3,843-79.2% | $6,396-87.5% |
| Admin fee / account holder | $286 | $6,738-95.8% | $5,196-94.5% | $12,562-97.7% |