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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 | $4,290 | $28,416-84.9% | $73,550-94.2% | $69,631-93.8% |
| Participation rate | 10.0% | 38.3%-28.4pp | 54.9%-45.0pp | 70.7%-60.7pp |
| Annual return | 0.00% | -694.13%+694.1pp | -15.16%+15.2pp | 27571.02%-27571.0pp |
| Employer contribution / active EE | $142 | $430-67.0% | $1,219-88.4% | $2,032-93.0% |
| Participant deferral / active EE | $196 | $897-78.2% | $1,804-89.1% | $3,224-93.9% |
| Admin fee / account holder | $63 | $104-39.6% | $2,320-97.3% | $110-42.9% |