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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 | $1,995 | $75,832-97.4% | $147,618-98.6% | $59,633-96.7% |
| Participation rate | 61.8% | 71.6%-9.7pp | 84.6%-22.8pp | 68.7%-6.9pp |
| Annual return | 0.00% | 0.37%-0.4pp | 61.98%-62.0pp | 2041.40%-2041.4pp |
| Employer contribution / active EE | $600 | $3,485-82.8% | $5,565-89.2% | $2,203-72.8% |
| Participant deferral / active EE | $704 | $3,131-77.5% | $4,895-85.6% | $3,192-77.9% |
| Admin fee / account holder | $0 | $5,986-100.0% | $11,612-100.0% | $4,297-100.0% |