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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 | $2,272 | $56,431-96.0% | $130,788-98.3% | $87,485-97.4% |
| Participation rate | 69.4% | 58.9%+10.5pp | 70.1%-0.7pp | 68.9%+0.5pp |
| Annual return | 26.30% | 91.27%-65.0pp | 386.44%-360.1pp | 26.06%+0.2pp |
| Employer contribution / active EE | $522 | $1,549-66.3% | $3,558-85.3% | $2,596-79.9% |
| Participant deferral / active EE | $548 | $2,749-80.1% | $4,137-86.8% | $4,274-87.2% |
| Admin fee / account holder | $60 | $4,433-98.7% | $6,673-99.1% | $7,775-99.2% |