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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 | $4,148 | $73,978-94.4% | $96,515-95.7% | $75,173-94.5% |
| Participation rate | 56.3% | 66.4%-10.2pp | 74.3%-18.1pp | 67.2%-11.0pp |
| Annual return | 0.00% | 26.72%-26.7pp | 35.73%-35.7pp | 160.72%-160.7pp |
| Employer contribution / active EE | $958 | $2,931-67.3% | $3,740-74.4% | $2,671-64.1% |
| Participant deferral / active EE | $1,202 | $3,660-67.2% | $4,880-75.4% | $4,126-70.9% |
| Admin fee / account holder | $16 | $5,219-99.7% | $6,735-99.8% | $5,651-99.7% |