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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 | $7,007 | $54,370-87.1% | $82,763-91.5% | $68,490-89.8% |
| Participation rate | 50.0% | 63.9%-13.9pp | 72.6%-22.6pp | 67.9%-17.9pp |
| Annual return | -15.02% | -13.67%-1.3pp | 702.45%-717.5pp | -7.85%-7.2pp |
| Employer contribution / active EE | $0 | $2,219-100.0% | $3,008-100.0% | $2,597-100.0% |
| Participant deferral / active EE | $192 | $3,247-94.1% | $4,395-95.6% | $4,028-95.2% |
| Admin fee / account holder | $92 | $4,398-97.9% | $5,325-98.3% | $5,403-98.3% |