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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 | $8,396 | $95,979-91.3% | $74,551-88.7% | $135,380-93.8% |
| Participation rate | 40.0% | 75.7%-35.7pp | 69.1%-29.1pp | 82.6%-42.6pp |
| Annual return | -7.83% | 56.97%-64.8pp | 32.53%-40.4pp | 519.81%-527.6pp |
| Employer contribution / active EE | $0 | $2,716-100.0% | $1,961-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $530 | $3,844-86.2% | $3,108-82.9% | $5,609-90.5% |
| Admin fee / account holder | $164 | $6,522-97.5% | $5,059-96.8% | $10,828-98.5% |