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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 | $429 | $27,943-98.5% | $58,507-99.3% | $75,177-99.4% |
| Participation rate | 44.3% | 38.8%+5.4pp | 50.9%-6.6pp | 67.2%-22.9pp |
| Annual return | 0.00% | 44.22%-44.2pp | 4252.32%-4252.3pp | 160.75%-160.8pp |
| Employer contribution / active EE | $104 | $670-84.5% | $1,053-90.1% | $2,671-96.1% |
| Participant deferral / active EE | $152 | $1,202-87.4% | $1,922-92.1% | $4,126-96.3% |
| Admin fee / account holder | $20 | $1,727-98.8% | $2,486-99.2% | $5,651-99.6% |