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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 | $3,263 | $76,401-95.7% | $106,387-96.9% | $64,173-94.9% |
| Participation rate | 53.8% | 73.5%-19.7pp | 77.5%-23.6pp | 69.6%-15.7pp |
| Annual return | 0.00% | -2.19%+2.2pp | 0.25%-0.3pp | 7.63%-7.6pp |
| Employer contribution / active EE | $717 | $2,680-73.2% | $3,520-79.6% | $2,381-69.9% |
| Participant deferral / active EE | $1,368 | $4,274-68.0% | $5,421-74.8% | $3,470-60.6% |
| Admin fee / account holder | $23 | $4,610-99.5% | $7,510-99.7% | $4,887-99.5% |