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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 | $8,930 | $104,953-91.5% | $84,637-89.4% | $152,909-94.2% |
| Participation rate | 23.5% | 74.8%-51.3pp | 68.2%-44.7pp | 82.5%-58.9pp |
| Annual return | 28.20% | 373.94%-345.7pp | 258.82%-230.6pp | 345.46%-317.3pp |
| Employer contribution / active EE | $357 | $3,304-89.2% | $2,653-86.6% | $4,764-92.5% |
| Participant deferral / active EE | $404 | $4,691-91.4% | $3,900-89.6% | $5,851-93.1% |
| Admin fee / account holder | $35 | $6,244-99.4% | $4,914-99.3% | $11,601-99.7% |