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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 | $2,827 | $48,050-94.1% | $85,969-96.7% | $59,633-95.3% |
| Participation rate | 41.9% | 64.5%-22.5pp | 76.5%-34.6pp | 68.7%-26.7pp |
| Annual return | 0.00% | 0.29%-0.3pp | 9.32%-9.3pp | 2041.45%-2041.5pp |
| Employer contribution / active EE | $624 | $1,640-61.9% | $3,474-82.0% | $2,203-71.7% |
| Participant deferral / active EE | $680 | $2,249-69.8% | $3,829-82.2% | $3,192-78.7% |
| Admin fee / account holder | $99 | $3,206-96.9% | $6,053-98.4% | $4,297-97.7% |