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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 | $8,225 | $73,848-88.9% | $143,799-94.3% | $68,486-88.0% |
| Participation rate | 12.9% | 66.7%-53.7pp | 80.3%-67.4pp | 67.9%-55.0pp |
| Annual return | -19.04% | 0.91%-20.0pp | -0.04%-19.0pp | -7.85%-11.2pp |
| Employer contribution / active EE | $0 | $3,184-100.0% | $4,952-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $225 | $3,385-93.4% | $5,638-96.0% | $4,028-94.4% |
| Admin fee / account holder | $26 | $5,755-99.5% | $14,677-99.8% | $5,404-99.5% |