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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 | $245 | $64,324-99.6% | $118,914-99.8% | $79,856-99.7% |
| Participation rate | 1.7% | 64.9%-63.2pp | 75.4%-73.7pp | 69.6%-67.9pp |
| Annual return | 0.00% | 86.45%-86.4pp | 35.89%-35.9pp | 31.71%-31.7pp |
| Employer contribution / active EE | $0 | $1,836-100.0% | $3,264-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $4 | $2,824-99.9% | $4,266-99.9% | $3,741-99.9% |
| Admin fee / account holder | $0 | $4,040-100.0% | $6,582-100.0% | $5,306-100.0% |