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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 | $9,365 | $76,371-87.7% | $93,621-90.0% | $72,975-87.2% |
| Participation rate | 17.5% | 71.8%-54.2pp | 75.8%-58.3pp | 69.5%-51.9pp |
| Annual return | 0.00% | 25.82%-25.8pp | 32.76%-32.8pp | 81.01%-81.0pp |
| Employer contribution / active EE | $549 | $2,276-75.9% | $2,719-79.8% | $2,440-77.5% |
| Participant deferral / active EE | $1,054 | $3,538-70.2% | $4,070-74.1% | $3,608-70.8% |
| Admin fee / account holder | $10 | $6,839-99.9% | $7,890-99.9% | $5,124-99.8% |