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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 | $4,572 | $36,002-87.3% | $161,489-97.2% | $64,728-92.9% |
| Participation rate | 1.1% | 57.4%-56.3pp | 78.7%-77.6pp | 57.9%-56.8pp |
| Annual return | 15.70% | 33.93%-18.2pp | 89.72%-74.0pp | 49.38%-33.7pp |
| Employer contribution / active EE | $0 | $1,380-100.0% | $4,268-100.0% | $2,243-100.0% |
| Participant deferral / active EE | $16 | $1,815-99.1% | $5,630-99.7% | $2,729-99.4% |
| Admin fee / account holder | $148 | $931-84.1% | $16,006-99.1% | $1,145-87.0% |