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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 | $2,040 | $60,128-96.6% | $90,440-97.7% | $79,852-97.4% |
| Participation rate | 34.7% | 65.0%-30.3pp | 72.7%-38.0pp | 69.6%-34.9pp |
| Annual return | 0.00% | 71.95%-71.9pp | 1294.38%-1294.4pp | 31.72%-31.7pp |
| Employer contribution / active EE | $0 | $2,068-100.0% | $3,263-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $721 | $2,939-75.5% | $3,964-81.8% | $3,740-80.7% |
| Admin fee / account holder | $15 | $3,977-99.6% | $5,615-99.7% | $5,306-99.7% |