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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 | $3,838 | $84,708-95.5% | $75,714-94.9% | $167,536-97.7% |
| Participation rate | 50.0% | 77.8%-27.8pp | 74.8%-24.8pp | 82.1%-32.1pp |
| Annual return | 45.73% | 199.62%-153.9pp | 104.62%-58.9pp | 478.82%-433.1pp |
| Employer contribution / active EE | $678 | $3,231-79.0% | $2,744-75.3% | $4,839-86.0% |
| Participant deferral / active EE | $792 | $4,577-82.7% | $3,820-79.3% | $6,342-87.5% |
| Admin fee / account holder | $160 | $5,358-97.0% | $3,619-95.6% | $12,315-98.7% |