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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 | $7,244 | $65,434-88.9% | $98,483-92.6% | $85,847-91.6% |
| Participation rate | 43.6% | 65.0%-21.4pp | 73.3%-29.7pp | 69.3%-25.7pp |
| Annual return | 12.80% | 21.75%-9.0pp | 1494.38%-1481.6pp | 318.61%-305.8pp |
| Employer contribution / active EE | $0 | $2,169-100.0% | $2,961-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $265 | $3,168-91.6% | $4,276-93.8% | $3,952-93.3% |
| Admin fee / account holder | $89 | $4,595-98.1% | $5,953-98.5% | $6,261-98.6% |