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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 | $4,231 | $884,045-99.5% | $453,569-99.1% | $167,536-97.5% |
| Participation rate | 66.7% | 81.6%-14.9pp | 78.0%-11.4pp | 82.1%-15.4pp |
| Annual return | 0.00% | 29.49%-29.5pp | 64.43%-64.4pp | 478.82%-478.8pp |
| Employer contribution / active EE | $981 | $5,538-82.3% | $4,072-75.9% | $4,839-79.7% |
| Participant deferral / active EE | $1,706 | $7,898-78.4% | $6,211-72.5% | $6,342-73.1% |
| Admin fee / account holder | $13 | $22,063-99.9% | $11,214-99.9% | $12,315-99.9% |