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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 | $9,498 | $82,674-88.5% | $125,381-92.4% | $68,486-86.1% |
| Participation rate | 22.2% | 75.1%-52.8pp | 82.4%-60.2pp | 67.9%-45.7pp |
| Annual return | 157.41% | -5.97%+163.4pp | 572.31%-414.9pp | -7.85%+165.3pp |
| Employer contribution / active EE | $0 | $3,382-100.0% | $4,815-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $190 | $6,111-96.9% | $7,448-97.4% | $4,028-95.3% |
| Admin fee / account holder | $0 | $6,277-100.0% | $10,007-100.0% | $5,404-100.0% |