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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 | $4,786 | $96,524-95.0% | $75,900-93.7% | $152,909-96.9% |
| Participation rate | 33.3% | 76.2%-42.9pp | 69.3%-36.0pp | 82.5%-49.1pp |
| Annual return | 0.00% | 33.93%-33.9pp | 30.73%-30.7pp | 345.46%-345.5pp |
| Employer contribution / active EE | $617 | $3,311-81.4% | $2,501-75.3% | $4,764-87.1% |
| Participant deferral / active EE | $877 | $4,554-80.7% | $3,604-75.7% | $5,851-85.0% |
| Admin fee / account holder | $34 | $8,082-99.6% | $5,421-99.4% | $11,601-99.7% |