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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 | $1,718 | $47,944-96.4% | $67,834-97.5% | $62,881-97.3% |
| Participation rate | 6.7% | 61.1%-54.4pp | 68.8%-62.1pp | 69.3%-62.6pp |
| Annual return | 8.19% | 11.77%-3.6pp | 138.47%-130.3pp | 20.14%-12.0pp |
| Employer contribution / active EE | $0 | $1,562-100.0% | $2,403-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $75 | $2,247-96.7% | $3,160-97.6% | $3,203-97.7% |
| Admin fee / account holder | $1 | $3,712-100.0% | $4,622-100.0% | $4,296-100.0% |