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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 | $9,138 | $63,346-85.6% | $92,240-90.1% | $70,126-87.0% |
| Participation rate | 32.1% | 68.7%-36.5pp | 76.5%-44.3pp | 69.5%-37.4pp |
| Annual return | 53.99% | 530.19%-476.2pp | 176.29%-122.3pp | 73.15%-19.2pp |
| Employer contribution / active EE | $698 | $2,471-71.7% | $3,680-81.0% | $2,343-70.2% |
| Participant deferral / active EE | $769 | $2,854-73.1% | $3,897-80.3% | $3,332-76.9% |
| Admin fee / account holder | $142 | $3,841-96.3% | $5,194-97.3% | $4,645-96.9% |