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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 | $1,586 | $50,898-96.9% | $171,082-99.1% | $55,167-97.1% |
| Participation rate | 61.1% | 63.3%-2.2pp | 76.7%-15.6pp | 69.0%-7.9pp |
| Annual return | 0.00% | 15.34%-15.3pp | 32.56%-32.6pp | 169.23%-169.2pp |
| Employer contribution / active EE | $435 | $1,433-69.6% | $4,002-89.1% | $1,963-77.8% |
| Participant deferral / active EE | $787 | $2,994-73.7% | $4,797-83.6% | $3,054-74.2% |
| Admin fee / account holder | $11 | $500-97.7% | $8,520-99.9% | $504-97.7% |