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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 | $4,827 | $76,371-93.7% | $93,621-94.8% | $72,976-93.4% |
| Participation rate | 26.2% | 71.8%-45.6pp | 75.8%-49.6pp | 69.5%-43.3pp |
| Annual return | 0.00% | 25.82%-25.8pp | 32.76%-32.8pp | 81.02%-81.0pp |
| Employer contribution / active EE | $555 | $2,276-75.6% | $2,719-79.6% | $2,440-77.3% |
| Participant deferral / active EE | $837 | $3,538-76.3% | $4,070-79.4% | $3,608-76.8% |
| Admin fee / account holder | $77 | $6,839-98.9% | $7,890-99.0% | $5,124-98.5% |