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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 | $9,026 | $52,279-82.7% | $89,435-89.9% | $79,856-88.7% |
| Participation rate | 35.7% | 57.5%-21.8pp | 68.0%-32.3pp | 69.6%-33.9pp |
| Annual return | 16.92% | 22.16%-5.2pp | 245.55%-228.6pp | 31.71%-14.8pp |
| Employer contribution / active EE | $0 | $1,572-100.0% | $2,587-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $619 | $2,740-77.4% | $3,890-84.1% | $3,741-83.4% |
| Admin fee / account holder | $80 | $3,356-97.6% | $4,884-98.4% | $5,306-98.5% |