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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 | $3,573 | $57,305-93.8% | $86,640-95.9% | $75,173-95.2% |
| Participation rate | 33.3% | 63.2%-29.9pp | 71.7%-38.4pp | 67.2%-33.9pp |
| Annual return | 167.74% | 2674.24%-2506.5pp | 592.52%-424.8pp | 160.72%+7.0pp |
| Employer contribution / active EE | $480 | $2,316-79.3% | $3,024-84.1% | $2,671-82.0% |
| Participant deferral / active EE | $598 | $3,320-82.0% | $4,438-86.5% | $4,126-85.5% |
| Admin fee / account holder | $27 | $4,116-99.3% | $5,616-99.5% | $5,651-99.5% |