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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 | $2,346 | $97,729-97.6% | $83,830-97.2% | $135,379-98.3% |
| Participation rate | 38.9% | 80.0%-41.1pp | 76.1%-37.3pp | 82.6%-43.8pp |
| Annual return | 0.00% | 1287.52%-1287.5pp | 850.97%-851.0pp | 519.79%-519.8pp |
| Employer contribution / active EE | $869 | $4,222-79.4% | $3,631-76.1% | $4,779-81.8% |
| Participant deferral / active EE | $869 | $4,683-81.4% | $4,082-78.7% | $5,609-84.5% |
| Admin fee / account holder | $46 | $6,674-99.3% | $5,479-99.2% | $10,828-99.6% |