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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 | $4,940 | $52,279-90.6% | $89,435-94.5% | $79,856-93.8% |
| Participation rate | 17.0% | 57.5%-40.6pp | 68.0%-51.0pp | 69.6%-52.7pp |
| Annual return | 289.18% | 22.16%+267.0pp | 245.55%+43.6pp | 31.71%+257.5pp |
| Employer contribution / active EE | $288 | $1,572-81.7% | $2,587-88.9% | $2,471-88.4% |
| Participant deferral / active EE | $610 | $2,740-77.7% | $3,890-84.3% | $3,741-83.7% |
| Admin fee / account holder | $41 | $3,356-98.8% | $4,884-99.2% | $5,306-99.2% |