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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 | $14,980 | $131,835-88.6% | $108,582-86.2% | $273,972-94.5% |
| Participation rate | 25.0% | 83.5%-58.5pp | 79.6%-54.6pp | 83.0%-58.0pp |
| Annual return | 6.52% | -91.57%+98.1pp | -51.70%+58.2pp | 41.46%-34.9pp |
| Employer contribution / active EE | $0 | $4,913-100.0% | $3,758-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $1,342 | $5,127-73.8% | $4,311-68.9% | $5,287-74.6% |
| Admin fee / account holder | $155 | $10,253-98.5% | $7,645-98.0% | $10,133-98.5% |