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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 | $2,317 | $63,342-96.3% | $92,235-97.5% | $70,131-96.7% |
| Participation rate | 48.1% | 68.7%-20.6pp | 76.5%-28.4pp | 69.5%-21.4pp |
| Annual return | 0.00% | 530.15%-530.2pp | 176.28%-176.3pp | 73.14%-73.1pp |
| Employer contribution / active EE | $522 | $2,471-78.9% | $3,679-85.8% | $2,342-77.7% |
| Participant deferral / active EE | $717 | $2,854-74.9% | $3,897-81.6% | $3,332-78.5% |
| Admin fee / account holder | $44 | $3,840-98.9% | $5,194-99.2% | $4,645-99.1% |