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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 | $11,144 | $78,707-85.8% | $117,861-90.5% | $70,126-84.1% |
| Participation rate | 30.0% | 73.2%-43.2pp | 79.7%-49.7pp | 69.5%-39.5pp |
| Annual return | 0.00% | 23.30%-23.3pp | 335.11%-335.1pp | 73.15%-73.1pp |
| Employer contribution / active EE | $774 | $2,223-65.2% | $3,786-79.6% | $2,343-67.0% |
| Participant deferral / active EE | $1,021 | $3,297-69.0% | $4,482-77.2% | $3,332-69.4% |
| Admin fee / account holder | $12 | $5,066-99.8% | $8,021-99.9% | $4,645-99.7% |