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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 | $23,028 | $171,867-86.6% | $149,721-84.6% | $147,586-84.4% |
| Participation rate | 40.0% | 88.2%-48.2pp | 87.1%-47.1pp | 82.8%-42.8pp |
| Annual return | 0.00% | 2113.36%-2113.4pp | 1501.67%-1501.7pp | 578.59%-578.6pp |
| Employer contribution / active EE | $872 | $6,275-86.1% | $5,444-84.0% | $4,876-82.1% |
| Participant deferral / active EE | $4,581 | $7,270-37.0% | $6,568-30.2% | $5,439-15.8% |
| Admin fee / account holder | $45 | $13,799-99.7% | $11,282-99.6% | $10,886-99.6% |