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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 | $8,021 | $44,850-82.1% | $60,547-86.8% | $59,633-86.6% |
| Participation rate | 21.6% | 59.5%-37.9pp | 68.0%-46.3pp | 68.7%-47.0pp |
| Annual return | 0.00% | 1074.14%-1074.1pp | 335.64%-335.6pp | 2041.40%-2041.4pp |
| Employer contribution / active EE | $478 | $1,462-67.3% | $2,419-80.2% | $2,203-78.3% |
| Participant deferral / active EE | $533 | $2,230-76.1% | $3,328-84.0% | $3,192-83.3% |
| Admin fee / account holder | $25 | $3,635-99.3% | $4,536-99.5% | $4,297-99.4% |