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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 | $9,875 | $70,684-86.0% | $169,390-94.2% | $75,173-86.9% |
| Participation rate | 25.6% | 64.8%-39.2pp | 77.2%-51.5pp | 67.2%-41.6pp |
| Annual return | 23.42% | 36.38%-13.0pp | 406.07%-382.7pp | 160.72%-137.3pp |
| Employer contribution / active EE | $485 | $2,211-78.1% | $4,013-87.9% | $2,671-81.9% |
| Participant deferral / active EE | $708 | $4,310-83.6% | $6,222-88.6% | $4,126-82.8% |
| Admin fee / account holder | $285 | $5,404-94.7% | $9,015-96.8% | $5,651-95.0% |