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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 | $3,823 | $62,409-93.9% | $120,524-96.8% | $74,429-94.9% |
| Participation rate | 0.4% | 56.8%-56.3pp | 71.9%-71.5pp | 67.2%-66.8pp |
| Annual return | 14.92% | 18.62%-3.7pp | 107.36%-92.4pp | 1368.38%-1353.5pp |
| Employer contribution / active EE | $0 | $1,847-100.0% | $3,469-100.0% | $2,625-100.0% |
| Participant deferral / active EE | $2 | $2,888-99.9% | $4,994-100.0% | $4,348-99.9% |
| Admin fee / account holder | $28 | $2,394-98.9% | $9,440-99.7% | $1,944-98.6% |