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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 | $11,097 | $106,918-89.6% | $84,021-86.8% | $152,897-92.7% |
| Participation rate | 40.0% | 75.2%-35.2pp | 69.0%-29.0pp | 82.5%-42.5pp |
| Annual return | 21.04% | 105.01%-84.0pp | 71.32%-50.3pp | 345.43%-324.4pp |
| Employer contribution / active EE | $0 | $2,735-100.0% | $1,984-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $561 | $4,012-86.0% | $3,239-82.7% | $5,851-90.4% |
| Admin fee / account holder | $188 | $8,288-97.7% | $6,102-96.9% | $11,599-98.4% |