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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 | $6,211 | $57,352-89.2% | $83,831-92.6% | $64,173-90.3% |
| Participation rate | 16.3% | 68.6%-52.4pp | 76.1%-59.9pp | 69.6%-53.3pp |
| Annual return | -7.98% | 11.38%-19.4pp | 850.99%-859.0pp | 7.63%-15.6pp |
| Employer contribution / active EE | $0 | $2,546-100.0% | $3,631-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $552 | $2,993-81.6% | $4,082-86.5% | $3,470-84.1% |
| Admin fee / account holder | $46 | $4,046-98.9% | $5,479-99.2% | $4,887-99.1% |