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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 | $4,203 | $45,872-90.8% | $77,096-94.5% | $68,486-93.9% |
| Participation rate | 25.0% | 55.9%-30.9pp | 67.9%-42.9pp | 67.9%-42.9pp |
| Annual return | 0.00% | 1.73%-1.7pp | 42.35%-42.3pp | -7.85%+7.9pp |
| Employer contribution / active EE | $811 | $1,650-50.8% | $2,814-71.2% | $2,597-68.8% |
| Participant deferral / active EE | $301 | $2,963-89.8% | $4,429-93.2% | $4,028-92.5% |
| Admin fee / account holder | $5 | $3,041-99.8% | $5,428-99.9% | $5,404-99.9% |