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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 | $12,405 | $162,821-92.4% | $133,978-90.7% | $158,982-92.2% |
| Participation rate | 5.6% | 83.2%-77.7pp | 79.8%-74.3pp | 82.0%-76.4pp |
| Annual return | 14.28% | 41.95%-27.7pp | 45.10%-30.8pp | 302.99%-288.7pp |
| Employer contribution / active EE | $0 | $4,976-100.0% | $3,919-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $109 | $5,910-98.2% | $5,047-97.8% | $5,983-98.2% |
| Admin fee / account holder | $103 | $11,742-99.1% | $8,930-98.8% | $11,252-99.1% |