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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 | $4,052 | $49,896-91.9% | $80,627-95.0% | $75,173-94.6% |
| Participation rate | 42.9% | 55.3%-12.5pp | 67.0%-24.2pp | 67.2%-24.3pp |
| Annual return | 0.00% | 34.67%-34.7pp | 936.76%-936.8pp | 160.72%-160.7pp |
| Employer contribution / active EE | $1,273 | $1,699-25.0% | $2,723-53.2% | $2,671-52.3% |
| Participant deferral / active EE | $507 | $2,992-83.0% | $4,443-88.6% | $4,126-87.7% |
| Admin fee / account holder | $0 | $3,578-100.0% | $5,381-100.0% | $5,651-100.0% |