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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 | $6,317 | $110,083-94.3% | $151,645-95.8% | $68,490-90.8% |
| Participation rate | 61.0% | 84.0%-23.0pp | 87.5%-26.5pp | 67.9%-6.9pp |
| Annual return | 0.00% | -10.12%+10.1pp | 3.34%-3.3pp | -7.85%+7.9pp |
| Employer contribution / active EE | $1,533 | $4,470-65.7% | $6,165-75.1% | $2,597-41.0% |
| Participant deferral / active EE | $2,369 | $6,526-63.7% | $8,363-71.7% | $4,028-41.2% |
| Admin fee / account holder | $46 | $7,718-99.4% | $11,614-99.6% | $5,403-99.1% |