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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 | $1,936 | $154,365-98.7% | $130,231-98.5% | $139,466-98.6% |
| Participation rate | 30.0% | 79.9%-49.9pp | 76.3%-46.3pp | 80.3%-50.3pp |
| Annual return | 0.00% | 30.53%-30.5pp | 38.86%-38.9pp | 373.66%-373.7pp |
| Employer contribution / active EE | $0 | $5,170-100.0% | $4,126-100.0% | $4,754-100.0% |
| Participant deferral / active EE | $724 | $8,498-91.5% | $6,799-89.3% | $6,712-89.2% |
| Admin fee / account holder | $18 | $9,214-99.8% | $6,020-99.7% | $11,409-99.8% |