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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 | $3,662 | $78,423-95.3% | $95,964-96.2% | $79,856-95.4% |
| Participation rate | 34.2% | 73.5%-39.3pp | 77.1%-42.9pp | 69.6%-35.4pp |
| Annual return | 0.00% | 19.37%-19.4pp | 91.64%-91.6pp | 31.71%-31.7pp |
| Employer contribution / active EE | $0 | $1,945-100.0% | $2,541-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $553 | $3,440-83.9% | $4,167-86.7% | $3,741-85.2% |
| Admin fee / account holder | $25 | $5,622-99.6% | $6,797-99.6% | $5,306-99.5% |