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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 | $8,876 | $49,199-82.0% | $121,204-92.7% | $75,173-88.2% |
| Participation rate | 34.3% | 55.4%-21.1pp | 69.5%-35.2pp | 67.2%-32.9pp |
| Annual return | 0.00% | 56.04%-56.0pp | 987.18%-987.2pp | 160.72%-160.7pp |
| Employer contribution / active EE | $4,364 | $1,547+182.0% | $4,170+4.6% | $2,671+63.4% |
| Participant deferral / active EE | $305 | $2,630-88.4% | $4,083-92.5% | $4,126-92.6% |
| Admin fee / account holder | $12 | $3,946-99.7% | $5,651-99.8% | $5,651-99.8% |