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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 | $436 | $49,199-99.1% | $121,210-99.6% | $75,177-99.4% |
| Participation rate | 26.9% | 55.4%-28.5pp | 69.5%-42.6pp | 67.2%-40.3pp |
| Annual return | 0.00% | 56.04%-56.0pp | 987.41%-987.4pp | 160.75%-160.8pp |
| Employer contribution / active EE | $0 | $1,547-100.0% | $4,171-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $112 | $2,630-95.8% | $4,084-97.3% | $4,126-97.3% |
| Admin fee / account holder | $0 | $3,946-100.0% | $5,647-100.0% | $5,651-100.0% |