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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 | $2,884 | $133,998-97.8% | $112,263-97.4% | $134,545-97.9% |
| Participation rate | 66.7% | 78.6%-11.9pp | 75.1%-8.4pp | 81.2%-14.6pp |
| Annual return | 0.00% | 47.17%-47.2pp | 27.49%-27.5pp | 418.37%-418.4pp |
| Employer contribution / active EE | $1,091 | $4,040-73.0% | $3,636-70.0% | $4,742-77.0% |
| Participant deferral / active EE | $1,185 | $5,292-77.6% | $4,729-74.9% | $6,401-81.5% |
| Admin fee / account holder | $25 | $7,493-99.7% | $6,410-99.6% | $11,431-99.8% |