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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 | $18,198 | $92,219-80.3% | $76,767-76.3% | $135,380-86.6% |
| Participation rate | 50.0% | 79.8%-29.8pp | 77.0%-27.0pp | 82.6%-32.6pp |
| Annual return | -6.10% | 5.46%-11.6pp | 2.43%-8.5pp | 519.81%-525.9pp |
| Employer contribution / active EE | $605 | $3,216-81.2% | $2,485-75.7% | $4,779-87.3% |
| Participant deferral / active EE | $1,015 | $4,508-77.5% | $3,852-73.6% | $5,609-81.9% |
| Admin fee / account holder | $0 | $10,749-100.0% | $6,675-100.0% | $10,828-100.0% |