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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 | $1,393 | $54,763-97.5% | $90,324-98.5% | $72,976-98.1% |
| Participation rate | 42.1% | 65.2%-23.0pp | 73.3%-31.2pp | 69.5%-27.4pp |
| Annual return | 0.00% | 30.63%-30.6pp | 78.15%-78.1pp | 81.02%-81.0pp |
| Employer contribution / active EE | $288 | $2,093-86.2% | $2,856-89.9% | $2,440-88.2% |
| Participant deferral / active EE | $447 | $2,887-84.5% | $3,885-88.5% | $3,608-87.6% |
| Admin fee / account holder | $9 | $3,973-99.8% | $5,356-99.8% | $5,124-99.8% |