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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 | $3,987 | $52,279-92.4% | $89,435-95.5% | $79,856-95.0% |
| Participation rate | 12.9% | 57.5%-44.6pp | 68.0%-55.1pp | 69.6%-56.7pp |
| Annual return | 0.00% | 22.16%-22.2pp | 245.55%-245.6pp | 31.71%-31.7pp |
| Employer contribution / active EE | $300 | $1,572-80.9% | $2,587-88.4% | $2,471-87.9% |
| Participant deferral / active EE | $364 | $2,740-86.7% | $3,890-90.6% | $3,741-90.3% |
| Admin fee / account holder | $9 | $3,356-99.7% | $4,884-99.8% | $5,306-99.8% |