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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 | $12,130 | $85,766-85.9% | $136,297-91.1% | $70,124-82.7% |
| Participation rate | 40.7% | 74.2%-33.4pp | 81.9%-41.2pp | 69.5%-28.8pp |
| Annual return | 0.00% | 31.45%-31.5pp | 5156.19%-5156.2pp | 73.14%-73.1pp |
| Employer contribution / active EE | $529 | $2,966-82.2% | $4,696-88.7% | $2,342-77.4% |
| Participant deferral / active EE | $768 | $5,051-84.8% | $6,247-87.7% | $3,332-76.9% |
| Admin fee / account holder | $2 | $5,420-100.0% | $9,244-100.0% | $4,645-100.0% |