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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 | $1,345 | $42,910-96.9% | $60,919-97.8% | $68,490-98.0% |
| Participation rate | 41.2% | 66.8%-25.6pp | 73.1%-31.9pp | 67.9%-26.7pp |
| Annual return | 0.00% | -13.99%+14.0pp | 16.96%-17.0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $0 | $1,978-100.0% | $2,704-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $564 | $2,866-80.3% | $3,814-85.2% | $4,028-86.0% |
| Admin fee / account holder | $35 | $3,104-98.9% | $3,228-98.9% | $5,403-99.4% |