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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 | $2,221 | $53,162-95.8% | $91,225-97.6% | $68,486-96.8% |
| Participation rate | 60.0% | 63.2%-3.2pp | 73.2%-13.2pp | 67.9%-7.9pp |
| Annual return | 0.00% | -3.14%+3.1pp | 114.12%-114.1pp | -7.85%+7.9pp |
| Employer contribution / active EE | $497 | $1,709-70.9% | $2,851-82.6% | $2,597-80.9% |
| Participant deferral / active EE | $953 | $2,974-68.0% | $4,233-77.5% | $4,028-76.3% |
| Admin fee / account holder | $17 | $4,493-99.6% | $5,422-99.7% | $5,404-99.7% |