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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 | $2,732 | $56,110-95.1% | $94,993-97.1% | $70,124-96.1% |
| Participation rate | 27.8% | 65.0%-37.2pp | 73.9%-46.1pp | 69.5%-41.8pp |
| Annual return | 0.00% | 51.02%-51.0pp | 27.14%-27.1pp | 73.14%-73.1pp |
| Employer contribution / active EE | $291 | $1,442-79.8% | $2,603-88.8% | $2,342-87.6% |
| Participant deferral / active EE | $478 | $2,391-80.0% | $3,317-85.6% | $3,332-85.6% |
| Admin fee / account holder | $40 | $3,456-98.8% | $4,960-99.2% | $4,645-99.1% |