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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 | $5,908 | $49,897-88.2% | $80,648-92.7% | $75,177-92.1% |
| Participation rate | 10.9% | 55.3%-44.4pp | 67.0%-56.1pp | 67.2%-56.3pp |
| Annual return | 0.00% | 34.68%-34.7pp | 937.21%-937.2pp | 160.75%-160.8pp |
| Employer contribution / active EE | $269 | $1,699-84.2% | $2,724-90.1% | $2,671-89.9% |
| Participant deferral / active EE | $336 | $2,992-88.8% | $4,443-92.4% | $4,126-91.9% |
| Admin fee / account holder | $97 | $3,579-97.3% | $5,382-98.2% | $5,651-98.3% |