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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 | $4,502 | $79,449-94.3% | $189,575-97.6% | $85,847-94.8% |
| Participation rate | 48.4% | 66.0%-17.6pp | 78.4%-30.1pp | 69.3%-20.9pp |
| Annual return | 0.00% | 18.45%-18.4pp | 64.19%-64.2pp | 318.61%-318.6pp |
| Employer contribution / active EE | $974 | $2,081-53.2% | $4,412-77.9% | $2,565-62.0% |
| Participant deferral / active EE | $1,276 | $4,051-68.5% | $6,174-79.3% | $3,952-67.7% |
| Admin fee / account holder | $27 | $5,377-99.5% | $9,806-99.7% | $6,261-99.6% |