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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 | $1,935 | $65,395-97.0% | $182,558-98.9% | $72,976-97.3% |
| Participation rate | 69.0% | 65.4%+3.6pp | 78.0%-8.9pp | 69.5%-0.4pp |
| Annual return | 0.00% | 27.68%-27.7pp | 148.59%-148.6pp | 81.02%-81.0pp |
| Employer contribution / active EE | $532 | $1,911-72.1% | $4,076-86.9% | $2,440-78.2% |
| Participant deferral / active EE | $900 | $3,563-74.7% | $5,526-83.7% | $3,608-75.0% |
| Admin fee / account holder | $27 | $4,245-99.4% | $8,594-99.7% | $5,124-99.5% |