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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 | $3,572 | $96,419-96.3% | $80,648-95.6% | $139,487-97.4% |
| Participation rate | 35.7% | 73.6%-37.9pp | 67.0%-31.3pp | 80.3%-44.6pp |
| Annual return | 61.78% | 1352.86%-1291.1pp | 937.21%-875.4pp | 373.84%-312.1pp |
| Employer contribution / active EE | $598 | $3,261-81.7% | $2,724-78.0% | $4,755-87.4% |
| Participant deferral / active EE | $598 | $5,225-88.5% | $4,443-86.5% | $6,713-91.1% |
| Admin fee / account holder | $106 | $6,605-98.4% | $5,382-98.0% | $11,407-99.1% |