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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 | $8,123 | $49,177-83.5% | $79,467-89.8% | $64,173-87.3% |
| Participation rate | 25.6% | 65.0%-39.4pp | 73.3%-47.8pp | 69.6%-44.0pp |
| Annual return | 121.36% | -1.16%+122.5pp | 718.30%-596.9pp | 7.63%+113.7pp |
| Employer contribution / active EE | $275 | $2,076-86.8% | $2,800-90.2% | $2,381-88.5% |
| Participant deferral / active EE | $578 | $2,821-79.5% | $3,704-84.4% | $3,470-83.3% |
| Admin fee / account holder | $92 | $3,839-97.6% | $5,104-98.2% | $4,887-98.1% |