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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 | $1,549 | $34,316-95.5% | $74,723-97.9% | $72,976-97.9% |
| Participation rate | 14.6% | 42.4%-27.8pp | 54.5%-39.8pp | 69.5%-54.9pp |
| Annual return | 0.00% | 26.58%-26.6pp | 753.18%-753.2pp | 81.02%-81.0pp |
| Employer contribution / active EE | $157 | $692-77.3% | $1,084-85.5% | $2,440-93.5% |
| Participant deferral / active EE | $200 | $1,272-84.3% | $1,962-89.8% | $3,608-94.5% |
| Admin fee / account holder | $143 | $2,125-93.3% | $3,335-95.7% | $5,124-97.2% |