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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 | $1,898 | $46,877-96.0% | $122,354-98.4% | $70,126-97.3% |
| Participation rate | 5.9% | 58.2%-52.3pp | 71.6%-65.8pp | 69.5%-63.7pp |
| Annual return | 32.71% | 24.22%+8.5pp | 30.28%+2.4pp | 73.15%-40.4pp |
| Employer contribution / active EE | $0 | $1,288-100.0% | $4,051-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $84 | $2,167-96.1% | $3,287-97.4% | $3,332-97.5% |
| Admin fee / account holder | $0 | $3,324-100.0% | $5,479-100.0% | $4,645-100.0% |