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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 | $4,369 | $69,012-93.7% | $160,037-97.3% | $68,490-93.6% |
| Participation rate | 38.5% | 65.4%-27.0pp | 78.0%-39.5pp | 67.9%-29.4pp |
| Annual return | 0.00% | -9.65%+9.7pp | 408.95%-409.0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $454 | $2,212-79.5% | $4,226-89.3% | $2,597-82.5% |
| Participant deferral / active EE | $463 | $4,212-89.0% | $6,184-92.5% | $4,028-88.5% |
| Admin fee / account holder | $17 | $4,798-99.6% | $8,716-99.8% | $5,403-99.7% |