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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 | $3,949 | $70,435-94.4% | $96,575-95.9% | $85,856-95.4% |
| Participation rate | 30.6% | 61.8%-31.2pp | 69.8%-39.2pp | 69.3%-38.7pp |
| Annual return | 25.44% | 18.59%+6.8pp | 37.79%-12.4pp | 318.58%-293.1pp |
| Employer contribution / active EE | $571 | $1,413-59.6% | $2,357-75.8% | $2,565-77.8% |
| Participant deferral / active EE | $800 | $2,894-72.3% | $3,849-79.2% | $3,952-79.7% |
| Admin fee / account holder | $104 | $4,997-97.9% | $6,182-98.3% | $6,261-98.3% |