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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 | $464 | $25,979-98.2% | $71,755-99.4% | $68,486-99.3% |
| Participation rate | 48.2% | 54.5%-6.3pp | 62.3%-14.1pp | 67.9%-19.7pp |
| Annual return | 0.00% | -15.10%+15.1pp | 9.09%-9.1pp | -7.85%+7.9pp |
| Employer contribution / active EE | $74 | $900-91.8% | $1,704-95.7% | $2,597-97.2% |
| Participant deferral / active EE | $161 | $1,522-89.4% | $2,656-93.9% | $4,028-96.0% |
| Admin fee / account holder | $0 | $2,022-100.0% | $3,972-100.0% | $5,404-100.0% |