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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 | $10,609 | $53,546-80.2% | $69,884-84.8% | $68,486-84.5% |
| Participation rate | 41.0% | 64.5%-23.5pp | 70.5%-29.5pp | 67.9%-26.9pp |
| Annual return | -15.58% | -13.87%-1.7pp | 190.81%-206.4pp | -7.85%-7.7pp |
| Employer contribution / active EE | $594 | $2,019-70.6% | $2,560-76.8% | $2,597-77.1% |
| Participant deferral / active EE | $775 | $2,957-73.8% | $3,848-79.9% | $4,028-80.8% |
| Admin fee / account holder | $258 | $4,693-94.5% | $6,266-95.9% | $5,404-95.2% |