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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 | $2,108 | $109,344-98.1% | $89,400-97.6% | $158,950-98.7% |
| Participation rate | 42.9% | 74.3%-31.4pp | 68.0%-25.1pp | 82.0%-39.1pp |
| Annual return | 0.00% | 345.73%-345.7pp | 245.64%-245.6pp | 302.91%-302.9pp |
| Employer contribution / active EE | $521 | $3,170-83.6% | $2,586-79.9% | $4,762-89.1% |
| Participant deferral / active EE | $284 | $4,599-93.8% | $3,890-92.7% | $5,983-95.3% |
| Admin fee / account holder | $29 | $6,154-99.5% | $4,882-99.4% | $11,248-99.7% |