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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 | $4,318 | $47,553-90.9% | $136,867-96.8% | $69,733-93.8% |
| Participation rate | 39.1% | 61.4%-22.3pp | 74.5%-35.4pp | 62.5%-23.4pp |
| Annual return | 29.93% | -91.50%+121.4pp | 42.97%-13.0pp | 15.22%+14.7pp |
| Employer contribution / active EE | $0 | $2,087-100.0% | $3,547-100.0% | $2,250-100.0% |
| Participant deferral / active EE | $622 | $2,300-72.9% | $4,924-87.4% | $3,054-79.6% |
| Admin fee / account holder | $263 | $3,496-92.5% | $10,340-97.5% | $3,102-91.5% |