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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 | $2,530 | $103,038-97.5% | $90,324-97.2% | $152,909-98.3% |
| Participation rate | 66.7% | 75.9%-9.2pp | 73.3%-6.6pp | 82.5%-15.8pp |
| Annual return | 26.04% | 95.25%-69.2pp | 78.15%-52.1pp | 345.46%-319.4pp |
| Employer contribution / active EE | $442 | $3,141-85.9% | $2,856-84.5% | $4,764-90.7% |
| Participant deferral / active EE | $409 | $4,282-90.5% | $3,885-89.5% | $5,851-93.0% |
| Admin fee / account holder | $124 | $6,177-98.0% | $5,356-97.7% | $11,601-98.9% |