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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 | $4,202 | $73,863-94.3% | $143,797-97.1% | $68,490-93.9% |
| Participation rate | 46.9% | 66.7%-19.7pp | 80.3%-33.4pp | 67.9%-21.0pp |
| Annual return | 0.00% | 0.91%-0.9pp | -0.04%0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $1,876 | $3,185-41.1% | $4,952-62.1% | $2,597-27.8% |
| Participant deferral / active EE | $168 | $3,385-95.0% | $5,638-97.0% | $4,028-95.8% |
| Admin fee / account holder | $22 | $5,756-99.6% | $14,679-99.8% | $5,403-99.6% |