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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 | $2,704 | $72,177-96.3% | $115,037-97.6% | $59,632-95.5% |
| Participation rate | 69.6% | 72.6%-3.0pp | 81.4%-11.8pp | 68.7%+0.9pp |
| Annual return | 0.00% | 12.02%-12.0pp | 26.14%-26.1pp | 2041.32%-2041.3pp |
| Employer contribution / active EE | $515 | $2,841-81.9% | $4,608-88.8% | $2,203-76.6% |
| Participant deferral / active EE | $996 | $4,783-79.2% | $6,026-83.5% | $3,192-68.8% |
| Admin fee / account holder | $160 | $4,927-96.7% | $8,175-98.0% | $4,297-96.3% |