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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 | $1,901 | $108,701-98.3% | $74,723-97.5% | $152,909-98.8% |
| Participation rate | 5.9% | 65.4%-59.5pp | 54.5%-48.6pp | 82.5%-76.6pp |
| Annual return | 0.00% | 114.12%-114.1pp | 753.18%-753.2pp | 345.46%-345.5pp |
| Employer contribution / active EE | $54 | $1,504-96.4% | $1,084-95.0% | $4,764-98.9% |
| Participant deferral / active EE | $54 | $2,709-98.0% | $1,962-97.2% | $5,851-99.1% |
| Admin fee / account holder | $4 | $4,906-99.9% | $3,335-99.9% | $11,601-100.0% |