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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 | $1,676 | $91,911-98.2% | $68,793-97.6% | $135,382-98.8% |
| Participation rate | 23.1% | 76.7%-53.7pp | 72.2%-49.2pp | 82.6%-59.6pp |
| Annual return | 0.00% | -8.22%+8.2pp | -4.63%+4.6pp | 519.77%-519.8pp |
| Employer contribution / active EE | $225 | $3,924-94.3% | $2,625-91.4% | $4,779-95.3% |
| Participant deferral / active EE | $225 | $4,315-94.8% | $3,311-93.2% | $5,609-96.0% |
| Admin fee / account holder | $228 | $9,240-97.5% | $5,131-95.5% | $10,829-97.9% |