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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 | $1,960 | $42,383-95.4% | $76,518-97.4% | $64,173-96.9% |
| Participation rate | 40.0% | 58.1%-18.1pp | 68.0%-28.0pp | 69.6%-29.6pp |
| Annual return | 0.00% | -16.54%+16.5pp | -0.27%+0.3pp | 7.63%-7.6pp |
| Employer contribution / active EE | $383 | $1,563-75.5% | $2,647-85.6% | $2,381-83.9% |
| Participant deferral / active EE | $406 | $2,566-84.2% | $3,836-89.4% | $3,470-88.3% |
| Admin fee / account holder | $0 | $3,198-100.0% | $4,849-100.0% | $4,887-100.0% |