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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 | $1,938 | $29,051-93.3% | $52,425-96.3% | $67,986-97.1% |
| Participation rate | 0.5% | 30.4%-29.9pp | 55.6%-55.1pp | 57.2%-56.7pp |
| Annual return | 21.38% | 24.00%-2.6pp | 302.12%-280.7pp | 31.67%-10.3pp |
| Employer contribution / active EE | $0 | $412-100.0% | $914-100.0% | $2,019-100.0% |
| Participant deferral / active EE | $5 | $873-99.4% | $1,790-99.7% | $3,358-99.8% |
| Admin fee / account holder | $45 | $2,113-97.9% | $2,495-98.2% | $3,203-98.6% |