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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 | $559 | $90,607-99.4% | $79,467-99.3% | $135,380-99.6% |
| Participation rate | 57.1% | 76.0%-18.9pp | 73.3%-16.2pp | 82.6%-25.5pp |
| Annual return | 5.98% | 977.74%-971.8pp | 718.30%-712.3pp | 519.81%-513.8pp |
| Employer contribution / active EE | $0 | $3,068-100.0% | $2,800-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $88 | $4,050-97.8% | $3,704-97.6% | $5,609-98.4% |
| Admin fee / account holder | $218 | $5,895-96.3% | $5,104-95.7% | $10,828-98.0% |