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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 | $7,203 | $152,651-95.3% | $105,218-93.2% | $125,389-94.3% |
| Participation rate | 56.5% | 81.5%-25.0pp | 77.2%-20.7pp | 83.2%-26.7pp |
| Annual return | -3.29% | 8.24%-11.5pp | 5.33%-8.6pp | 282.24%-285.5pp |
| Employer contribution / active EE | $1,371 | $4,802-71.4% | $3,255-57.9% | $4,866-71.8% |
| Participant deferral / active EE | $1,709 | $6,660-74.3% | $4,867-64.9% | $5,352-68.1% |
| Admin fee / account holder | $0 | $14,248-100.0% | $6,992-100.0% | $9,541-100.0% |