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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 | $2,837 | $91,179-96.9% | $178,499-98.4% | $79,852-96.4% |
| Participation rate | 41.0% | 69.2%-28.2pp | 81.9%-40.9pp | 69.6%-28.6pp |
| Annual return | 0.00% | 24.19%-24.2pp | 151.10%-151.1pp | 31.72%-31.7pp |
| Employer contribution / active EE | $582 | $3,256-82.1% | $5,011-88.4% | $2,471-76.5% |
| Participant deferral / active EE | $606 | $3,236-81.3% | $5,202-88.4% | $3,740-83.8% |
| Admin fee / account holder | $30 | $6,749-99.6% | $13,986-99.8% | $5,306-99.4% |