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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 | $3,019 | $64,729-95.3% | $112,263-97.3% | $68,490-95.6% |
| Participation rate | 65.6% | 67.2%-1.5pp | 75.1%-9.4pp | 67.9%-2.3pp |
| Annual return | 0.00% | -11.40%+11.4pp | 27.49%-27.5pp | -7.85%+7.9pp |
| Employer contribution / active EE | $817 | $2,746-70.2% | $3,636-77.5% | $2,597-68.5% |
| Participant deferral / active EE | $1,259 | $3,566-64.7% | $4,729-73.4% | $4,028-68.7% |
| Admin fee / account holder | $12 | $5,222-99.8% | $6,410-99.8% | $5,403-99.8% |