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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 | $3,565 | $103,008-96.5% | $90,304-96.1% | $152,897-97.7% |
| Participation rate | 50.0% | 75.9%-25.9pp | 73.3%-23.3pp | 82.5%-32.5pp |
| Annual return | 39.19% | 95.22%-56.0pp | 78.13%-38.9pp | 345.43%-306.2pp |
| Employer contribution / active EE | $233 | $3,139-92.6% | $2,855-91.8% | $4,764-95.1% |
| Participant deferral / active EE | $583 | $4,281-86.4% | $3,885-85.0% | $5,851-90.0% |
| Admin fee / account holder | $38 | $6,175-99.4% | $5,354-99.3% | $11,599-99.7% |