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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 | $1,205 | $52,279-97.7% | $89,414-98.7% | $79,852-98.5% |
| Participation rate | 46.0% | 57.5%-11.5pp | 68.0%-22.0pp | 69.6%-23.6pp |
| Annual return | 0.00% | 22.16%-22.2pp | 245.50%-245.5pp | 31.72%-31.7pp |
| Employer contribution / active EE | $269 | $1,572-82.9% | $2,586-89.6% | $2,471-89.1% |
| Participant deferral / active EE | $474 | $2,740-82.7% | $3,890-87.8% | $3,740-87.3% |
| Admin fee / account holder | $18 | $3,356-99.5% | $4,883-99.6% | $5,306-99.7% |