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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 | $16,274 | $82,674-80.3% | $125,381-87.0% | $68,486-76.2% |
| Participation rate | 36.8% | 75.1%-38.2pp | 82.4%-45.5pp | 67.9%-31.1pp |
| Annual return | -18.12% | -5.97%-12.2pp | 572.31%-590.4pp | -7.85%-10.3pp |
| Employer contribution / active EE | $939 | $3,382-72.2% | $4,815-80.5% | $2,597-63.8% |
| Participant deferral / active EE | $846 | $6,111-86.1% | $7,448-88.6% | $4,028-79.0% |
| Admin fee / account holder | $93 | $6,277-98.5% | $10,007-99.1% | $5,404-98.3% |