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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 | $3,980 | $97,732-95.9% | $83,831-95.3% | $135,380-97.1% |
| Participation rate | 42.9% | 80.0%-37.1pp | 76.1%-33.3pp | 82.6%-39.8pp |
| Annual return | 0.00% | 1287.56%-1287.6pp | 850.99%-851.0pp | 519.81%-519.8pp |
| Employer contribution / active EE | $890 | $4,222-78.9% | $3,631-75.5% | $4,779-81.4% |
| Participant deferral / active EE | $934 | $4,683-80.1% | $4,082-77.1% | $5,609-83.3% |
| Admin fee / account holder | $48 | $6,675-99.3% | $5,479-99.1% | $10,828-99.6% |