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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 | $3,604 | $37,463-90.4% | $77,096-95.3% | $66,938-94.6% |
| Participation rate | 26.4% | 52.9%-26.6pp | 67.9%-41.6pp | 69.8%-43.5pp |
| Annual return | 0.00% | -3.25%+3.2pp | 42.35%-42.3pp | 1.58%-1.6pp |
| Employer contribution / active EE | $373 | $1,535-75.7% | $2,814-86.7% | $2,545-85.3% |
| Participant deferral / active EE | $647 | $2,621-75.3% | $4,429-85.4% | $4,238-84.7% |
| Admin fee / account holder | $6 | $568-98.9% | $5,428-99.9% | $594-99.0% |