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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 | $6,996 | $48,327-85.5% | $67,575-89.6% | $80,935-91.4% |
| Participation rate | 25.0% | 66.4%-41.4pp | 72.9%-47.9pp | 67.7%-42.7pp |
| Annual return | 41.90% | 18.31%+23.6pp | 3528.98%-3487.1pp | 35.66%+6.2pp |
| Employer contribution / active EE | $409 | $2,022-79.8% | $2,736-85.0% | $2,757-85.2% |
| Participant deferral / active EE | $560 | $2,927-80.9% | $4,003-86.0% | $4,299-87.0% |
| Admin fee / account holder | $239 | $3,692-93.5% | $3,993-94.0% | $6,924-96.6% |