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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 | $4,194 | $47,977-91.3% | $154,108-97.3% | $56,289-92.5% |
| Participation rate | 17.6% | 66.2%-48.5pp | 83.0%-65.4pp | 69.9%-52.2pp |
| Annual return | 0.00% | 3.54%-3.5pp | 735.21%-735.2pp | -9.96%+10.0pp |
| Employer contribution / active EE | $337 | $2,169-84.4% | $5,298-93.6% | $2,111-84.0% |
| Participant deferral / active EE | $581 | $2,392-75.7% | $5,081-88.6% | $3,350-82.6% |
| Admin fee / account holder | $12 | $438-97.2% | $13,411-99.9% | $521-97.7% |