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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 | $2,211 | $99,345-97.8% | $84,753-97.4% | $273,972-99.2% |
| Participation rate | 58.3% | 80.7%-22.4pp | 76.6%-18.3pp | 83.0%-24.7pp |
| Annual return | 0.00% | 22.93%-22.9pp | 22.78%-22.8pp | 41.46%-41.5pp |
| Employer contribution / active EE | $1,430 | $4,214-66.1% | $3,574-60.0% | $4,869-70.6% |
| Participant deferral / active EE | $213 | $4,270-95.0% | $3,712-94.3% | $5,287-96.0% |
| Admin fee / account holder | $174 | $6,645-97.4% | $5,333-96.7% | $10,133-98.3% |