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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 | $8,843 | $221,442-96.0% | $92,240-90.4% | $77,958-88.7% |
| Participation rate | 2.3% | 79.6%-77.3pp | 76.5%-74.2pp | 71.6%-69.4pp |
| Annual return | 0.00% | 15.65%-15.7pp | 176.29%-176.3pp | 20.87%-20.9pp |
| Employer contribution / active EE | $0 | $3,226-100.0% | $3,680-100.0% | $2,310-100.0% |
| Participant deferral / active EE | $24 | $2,779-99.1% | $3,897-99.4% | $3,537-99.3% |
| Admin fee / account holder | $0 | $210-100.0% | $5,194-100.0% | $97-100.0% |