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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 | $7,338 | $209,874-96.5% | $189,537-96.1% | $167,536-95.6% |
| Participation rate | 9.5% | 88.7%-79.1pp | 87.8%-78.3pp | 82.1%-72.6pp |
| Annual return | 0.00% | 748.61%-748.6pp | 555.34%-555.3pp | 478.82%-478.8pp |
| Employer contribution / active EE | $0 | $6,913-100.0% | $6,161-100.0% | $4,839-100.0% |
| Participant deferral / active EE | $2,034 | $8,934-77.2% | $8,220-75.3% | $6,342-67.9% |
| Admin fee / account holder | $2 | $14,299-100.0% | $12,048-100.0% | $12,315-100.0% |