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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 | $1,296 | $57,330-97.7% | $86,656-98.5% | $75,177-98.3% |
| Participation rate | 47.1% | 63.2%-16.1pp | 71.7%-24.6pp | 67.2%-20.1pp |
| Annual return | 0.00% | 2675.40%-2675.4pp | 593.09%-593.1pp | 160.75%-160.8pp |
| Employer contribution / active EE | $0 | $2,316-100.0% | $3,025-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $610 | $3,320-81.6% | $4,439-86.3% | $4,126-85.2% |
| Admin fee / account holder | $62 | $4,115-98.5% | $5,619-98.9% | $5,651-98.9% |