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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 | $8,581 | $175,646-95.1% | $129,118-93.4% | $134,532-93.6% |
| Participation rate | 50.0% | 81.6%-31.6pp | 77.2%-27.2pp | 81.2%-31.2pp |
| Annual return | 0.00% | -11.39%+11.4pp | -10.94%+10.9pp | 418.27%-418.3pp |
| Employer contribution / active EE | $2,138 | $6,355-66.4% | $5,051-57.7% | $4,741-54.9% |
| Participant deferral / active EE | $2,138 | $7,970-73.2% | $6,539-67.3% | $6,401-66.6% |
| Admin fee / account holder | $0 | $23,578-100.0% | $14,305-100.0% | $11,429-100.0% |