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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 | $2,020 | $169,161-98.8% | $129,295-98.4% | $145,959-98.6% |
| Participation rate | 7.7% | 76.5%-68.8pp | 69.6%-61.9pp | 80.3%-72.6pp |
| Annual return | 14.49% | 14348.07%-14333.6pp | 9429.28%-9414.8pp | 561.95%-547.5pp |
| Employer contribution / active EE | $0 | $5,543-100.0% | $4,157-100.0% | $4,661-100.0% |
| Participant deferral / active EE | $83 | $4,989-98.3% | $4,169-98.0% | $6,689-98.8% |
| Admin fee / account holder | $20 | $9,878-99.8% | $7,665-99.7% | $13,398-99.9% |