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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 | $3,914 | $103,038-96.2% | $90,324-95.7% | $152,909-97.4% |
| Participation rate | 28.6% | 75.9%-47.3pp | 73.3%-44.7pp | 82.5%-53.9pp |
| Annual return | 19.77% | 95.25%-75.5pp | 78.15%-58.4pp | 345.46%-325.7pp |
| Employer contribution / active EE | $343 | $3,141-89.1% | $2,856-88.0% | $4,764-92.8% |
| Participant deferral / active EE | $476 | $4,282-88.9% | $3,885-87.8% | $5,851-91.9% |
| Admin fee / account holder | $25 | $6,177-99.6% | $5,356-99.5% | $11,601-99.8% |