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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 | $3,781 | $47,848-92.1% | $81,473-95.4% | $70,126-94.6% |
| Participation rate | 32.6% | 58.3%-25.7pp | 68.0%-35.4pp | 69.5%-37.0pp |
| Annual return | 114.16% | 27.25%+86.9pp | 38.78%+75.4pp | 73.15%+41.0pp |
| Employer contribution / active EE | $477 | $1,527-68.8% | $2,568-81.4% | $2,343-79.6% |
| Participant deferral / active EE | $375 | $2,453-84.7% | $3,537-89.4% | $3,332-88.7% |
| Admin fee / account holder | $0 | $3,145-100.0% | $4,561-100.0% | $4,645-100.0% |