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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $4,256 | $30,732-86.2% | $59,496-92.8% | $59,633-92.9% |
| Participation rate | 21.6% | 43.2%-21.6pp | 54.6%-32.9pp | 68.7%-47.0pp |
| Annual return | 0.00% | 4.47%-4.5pp | 182.05%-182.0pp | 2041.45%-2041.5pp |
| Employer contribution / active EE | $51 | $631-91.9% | $1,153-95.6% | $2,203-97.7% |
| Participant deferral / active EE | $984 | $1,183-16.8% | $1,829-46.2% | $3,192-69.2% |
| Admin fee / account holder | $2 | $2,136-99.9% | $2,232-99.9% | $4,297-100.0% |