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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 | $7,037 | $149,333-95.3% | $106,387-93.4% | $135,379-94.8% |
| Participation rate | 50.0% | 81.5%-31.5pp | 77.5%-27.5pp | 82.6%-32.6pp |
| Annual return | -3.99% | 0.52%-4.5pp | 0.25%-4.2pp | 519.79%-523.8pp |
| Employer contribution / active EE | $677 | $4,984-86.4% | $3,520-80.8% | $4,779-85.8% |
| Participant deferral / active EE | $827 | $7,230-88.6% | $5,421-84.7% | $5,609-85.3% |
| Admin fee / account holder | $28 | $15,952-99.8% | $7,510-99.6% | $10,828-99.7% |