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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 | $3,070 | $93,117-96.7% | $77,096-96.0% | $134,532-97.7% |
| Participation rate | 46.2% | 74.5%-28.3pp | 67.9%-21.8pp | 81.2%-35.1pp |
| Annual return | 0.00% | 62.67%-62.7pp | 42.35%-42.3pp | 418.27%-418.3pp |
| Employer contribution / active EE | $561 | $3,420-83.6% | $2,814-80.1% | $4,741-88.2% |
| Participant deferral / active EE | $846 | $5,241-83.9% | $4,429-80.9% | $6,401-86.8% |
| Admin fee / account holder | $1 | $6,948-100.0% | $5,428-100.0% | $11,429-100.0% |