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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 | $4,287 | $110,410-96.1% | $102,437-95.8% | $145,897-97.1% |
| Participation rate | 40.0% | 77.9%-37.9pp | 74.5%-34.5pp | 80.3%-40.3pp |
| Annual return | 11.34% | 24.85%-13.5pp | 24.95%-13.6pp | 552.29%-541.0pp |
| Employer contribution / active EE | $969 | $4,217-77.0% | $3,871-75.0% | $4,663-79.2% |
| Participant deferral / active EE | $474 | $5,622-91.6% | $5,060-90.6% | $6,689-92.9% |
| Admin fee / account holder | $112 | $9,745-98.8% | $8,388-98.7% | $13,390-99.2% |