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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 | $3,151 | $57,352-94.5% | $83,831-96.2% | $64,173-95.1% |
| Participation rate | 60.4% | 68.6%-8.2pp | 76.1%-15.8pp | 69.6%-9.2pp |
| Annual return | 0.00% | 11.38%-11.4pp | 850.99%-851.0pp | 7.63%-7.6pp |
| Employer contribution / active EE | $1,332 | $2,546-47.7% | $3,631-63.3% | $2,381-44.1% |
| Participant deferral / active EE | $955 | $2,993-68.1% | $4,082-76.6% | $3,470-72.5% |
| Admin fee / account holder | $76 | $4,046-98.1% | $5,479-98.6% | $4,887-98.4% |