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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 | $9,913 | $83,427-88.1% | $115,756-91.4% | $68,486-85.5% |
| Participation rate | 19.1% | 71.9%-52.8pp | 77.1%-57.9pp | 67.9%-48.7pp |
| Annual return | 0.00% | -10.95%+10.9pp | 143.14%-143.1pp | -7.85%+7.9pp |
| Employer contribution / active EE | $0 | $3,075-100.0% | $3,793-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $1,416 | $5,355-73.6% | $6,254-77.4% | $4,028-64.8% |
| Admin fee / account holder | $17 | $5,708-99.7% | $8,124-99.8% | $5,404-99.7% |