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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 | $8,378 | $77,920-89.2% | $149,723-94.4% | $75,177-88.9% |
| Participation rate | 52.9% | 65.6%-12.6pp | 78.8%-25.8pp | 67.2%-14.3pp |
| Annual return | 23.56% | 31.72%-8.2pp | 134.50%-110.9pp | 160.75%-137.2pp |
| Employer contribution / active EE | $2,014 | $3,138-35.8% | $4,821-58.2% | $2,671-24.6% |
| Participant deferral / active EE | $409 | $3,411-88.0% | $5,682-92.8% | $4,126-90.1% |
| Admin fee / account holder | $72 | $5,951-98.8% | $13,215-99.5% | $5,651-98.7% |