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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 | $3,205 | $39,243-91.8% | $80,784-96.0% | $79,389-96.0% |
| Participation rate | 16.7% | 41.0%-24.4pp | 54.2%-37.5pp | 70.7%-54.0pp |
| Annual return | 0.00% | 98.95%-98.9pp | 87.31%-87.3pp | 116.89%-116.9pp |
| Employer contribution / active EE | $223 | $593-62.4% | $1,160-80.8% | $2,428-90.8% |
| Participant deferral / active EE | $307 | $1,262-75.7% | $2,145-85.7% | $4,046-92.4% |
| Admin fee / account holder | $40 | $647-93.8% | $3,380-98.8% | $626-93.6% |