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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 | $1,395 | $133,467-99.0% | $75,784-98.2% | - |
| Participation rate | 8.1% | 60.6%-52.5pp | 75.8%-67.7pp | - |
| Annual return | 0.00% | -2.40%+2.4pp | 9.68%-9.7pp | - |
| Employer contribution / active EE | $0 | $1,704-100.0% | $3,323-100.0% | - |
| Participant deferral / active EE | $113 | $2,196-94.8% | $3,652-96.9% | - |
| Admin fee / account holder | $2 | $9,890-100.0% | $5,300-100.0% | - |