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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 | $4,012 | $69,977-94.3% | $108,582-96.3% | $62,881-93.6% |
| Participation rate | 57.4% | 72.9%-15.4pp | 79.6%-22.1pp | 69.3%-11.9pp |
| Annual return | 7.32% | 10.73%-3.4pp | -51.70%+59.0pp | 20.14%-12.8pp |
| Employer contribution / active EE | $669 | $2,135-68.7% | $3,758-82.2% | $2,281-70.7% |
| Participant deferral / active EE | $1,108 | $3,165-65.0% | $4,311-74.3% | $3,203-65.4% |
| Admin fee / account holder | $66 | $5,076-98.7% | $7,645-99.1% | $4,296-98.5% |