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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 | $18,949 | $171,867-89.0% | $149,721-87.3% | $147,586-87.2% |
| Participation rate | 33.3% | 88.2%-54.9pp | 87.1%-53.7pp | 82.8%-49.5pp |
| Annual return | 0.00% | 2113.36%-2113.4pp | 1501.67%-1501.7pp | 578.59%-578.6pp |
| Employer contribution / active EE | $4,829 | $6,275-23.0% | $5,444-11.3% | $4,876-1.0% |
| Participant deferral / active EE | $1,039 | $7,270-85.7% | $6,568-84.2% | $5,439-80.9% |
| Admin fee / account holder | $87 | $13,799-99.4% | $11,282-99.2% | $10,886-99.2% |