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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 | $3,580 | $45,872-92.2% | $77,096-95.4% | $68,486-94.8% |
| Participation rate | 19.1% | 55.9%-36.8pp | 67.9%-48.8pp | 67.9%-48.7pp |
| Annual return | 0.00% | 1.73%-1.7pp | 42.35%-42.3pp | -7.85%+7.9pp |
| Employer contribution / active EE | $325 | $1,650-80.3% | $2,814-88.4% | $2,597-87.5% |
| Participant deferral / active EE | $520 | $2,963-82.4% | $4,429-88.3% | $4,028-87.1% |
| Admin fee / account holder | $23 | $3,041-99.2% | $5,428-99.6% | $5,404-99.6% |