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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 | $5,992 | $34,316-82.5% | $74,723-92.0% | $72,976-91.8% |
| Participation rate | 4.2% | 42.4%-38.2pp | 54.5%-50.3pp | 69.5%-65.3pp |
| Annual return | 0.00% | 26.58%-26.6pp | 753.18%-753.2pp | 81.02%-81.0pp |
| Employer contribution / active EE | $135 | $692-80.5% | $1,084-87.6% | $2,440-94.5% |
| Participant deferral / active EE | $344 | $1,272-73.0% | $1,962-82.5% | $3,608-90.5% |
| Admin fee / account holder | $191 | $2,125-91.0% | $3,335-94.3% | $5,124-96.3% |