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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 | $257 | $108,695-99.8% | $74,722-99.7% | $152,897-99.8% |
| Participation rate | 8.3% | 65.4%-57.0pp | 54.5%-46.1pp | 82.5%-74.1pp |
| Annual return | 0.00% | 114.11%-114.1pp | 753.11%-753.1pp | 345.43%-345.4pp |
| Employer contribution / active EE | $10 | $1,504-99.3% | $1,084-99.1% | $4,764-99.8% |
| Participant deferral / active EE | $10 | $2,712-99.6% | $1,963-99.5% | $5,851-99.8% |
| Admin fee / account holder | $1 | $4,906-100.0% | $3,335-100.0% | $11,599-100.0% |