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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 | $2,210 | $31,109-92.9% | $67,704-96.7% | $52,331-95.8% |
| Participation rate | 26.7% | 54.0%-27.3pp | 67.5%-40.8pp | 68.1%-41.4pp |
| Annual return | 0.00% | 23.70%-23.7pp | 25.41%-25.4pp | 4.54%-4.5pp |
| Employer contribution / active EE | $708 | $1,076-34.2% | $2,559-72.3% | $1,882-62.4% |
| Participant deferral / active EE | $11 | $1,970-99.4% | $3,585-99.7% | $3,022-99.6% |
| Admin fee / account holder | $175 | $466-62.5% | $4,255-95.9% | $592-70.4% |