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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 | $1,168 | $34,316-96.6% | $74,722-98.4% | $72,975-98.4% |
| Participation rate | 9.0% | 42.4%-33.5pp | 54.5%-45.5pp | 69.5%-60.5pp |
| Annual return | 0.00% | 26.58%-26.6pp | 753.11%-753.1pp | 81.01%-81.0pp |
| Employer contribution / active EE | $0 | $692-100.0% | $1,084-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $147 | $1,272-88.4% | $1,963-92.5% | $3,608-95.9% |
| Admin fee / account holder | $115 | $2,125-94.6% | $3,335-96.5% | $5,124-97.7% |