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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 | $1,447 | $39,028-96.3% | $80,741-98.2% | $85,847-98.3% |
| Participation rate | 13.5% | 41.6%-28.0pp | 54.2%-40.7pp | 69.3%-55.8pp |
| Annual return | 0.00% | 26.31%-26.3pp | 87.30%-87.3pp | 318.61%-318.6pp |
| Employer contribution / active EE | $110 | $722-84.7% | $1,160-90.5% | $2,565-95.7% |
| Participant deferral / active EE | $179 | $1,326-86.5% | $2,145-91.7% | $3,952-95.5% |
| Admin fee / account holder | $110 | $2,429-95.5% | $3,380-96.7% | $6,261-98.2% |