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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 | $1,296 | $22,602-94.3% | $65,566-98.0% | $75,173-98.3% |
| Participation rate | 40.4% | 63.1%-22.7pp | 64.9%-24.5pp | 67.2%-26.8pp |
| Annual return | 0.00% | 71.13%-71.1pp | 47.40%-47.4pp | 160.72%-160.7pp |
| Employer contribution / active EE | $338 | $941-64.1% | $1,692-80.0% | $2,671-87.4% |
| Participant deferral / active EE | $661 | $1,695-61.0% | $2,832-76.7% | $4,126-84.0% |
| Admin fee / account holder | $50 | $1,877-97.3% | $4,114-98.8% | $5,651-99.1% |