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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 | $1,563 | $27,639-94.3% | $61,501-97.5% | $68,490-97.7% |
| Participation rate | 19.7% | 39.5%-19.8pp | 52.6%-32.9pp | 67.9%-48.2pp |
| Annual return | 0.00% | -13.19%+13.2pp | 339.04%-339.0pp | -7.85%+7.9pp |
| Employer contribution / active EE | $106 | $696-84.8% | $1,160-90.9% | $2,597-95.9% |
| Participant deferral / active EE | $215 | $1,264-83.0% | $2,125-89.9% | $4,028-94.7% |
| Admin fee / account holder | $81 | $2,012-96.0% | $2,132-96.2% | $5,403-98.5% |