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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 | $3,011 | $102,638-97.1% | $81,991-96.3% | $158,966-98.1% |
| Participation rate | 56.3% | 75.5%-19.3pp | 69.3%-13.0pp | 82.0%-25.7pp |
| Annual return | 0.00% | 61.05%-61.1pp | 41.31%-41.3pp | 302.95%-302.9pp |
| Employer contribution / active EE | $517 | $3,241-84.1% | $2,498-79.3% | $4,762-89.1% |
| Participant deferral / active EE | $1,023 | $4,649-78.0% | $3,722-72.5% | $5,983-82.9% |
| Admin fee / account holder | $127 | $8,237-98.5% | $5,665-97.8% | $11,250-98.9% |