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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 | $8,749 | $85,790-89.8% | $67,313-87.0% | $135,379-93.5% |
| Participation rate | 52.6% | 76.5%-23.8pp | 69.1%-16.4pp | 82.6%-30.0pp |
| Annual return | -6.17% | -0.54%-5.6pp | -4.08%-2.1pp | 519.79%-526.0pp |
| Employer contribution / active EE | $700 | $3,487-79.9% | $2,566-72.7% | $4,779-85.3% |
| Participant deferral / active EE | $757 | $4,651-83.7% | $3,568-78.8% | $5,609-86.5% |
| Admin fee / account holder | $37 | $6,392-99.4% | $4,507-99.2% | $10,828-99.7% |