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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 | $3,912 | $109,411-96.4% | $89,435-95.6% | $158,982-97.5% |
| Participation rate | 20.0% | 74.3%-54.3pp | 68.0%-48.0pp | 82.0%-62.0pp |
| Annual return | 0.00% | 345.68%-345.7pp | 245.55%-245.6pp | 302.99%-303.0pp |
| Employer contribution / active EE | $514 | $3,173-83.8% | $2,587-80.2% | $4,763-89.2% |
| Participant deferral / active EE | $514 | $4,600-88.8% | $3,890-86.8% | $5,983-91.4% |
| Admin fee / account holder | $11 | $6,159-99.8% | $4,884-99.8% | $11,252-99.9% |