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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 | $4,999 | $56,287-91.1% | $80,977-93.8% | $62,881-92.1% |
| Participation rate | 48.0% | 68.9%-20.9pp | 75.8%-27.8pp | 69.3%-21.3pp |
| Annual return | 0.00% | 22.13%-22.1pp | 17.11%-17.1pp | 20.14%-20.1pp |
| Employer contribution / active EE | $1,111 | $1,943-42.8% | $3,715-70.1% | $2,281-51.3% |
| Participant deferral / active EE | $1,660 | $4,196-60.4% | $5,696-70.9% | $3,203-48.2% |
| Admin fee / account holder | $0 | $3,742-100.0% | $5,517-100.0% | $4,296-100.0% |