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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 | $3,087 | $76,407-96.0% | $150,298-97.9% | $82,448-96.3% |
| Participation rate | 40.4% | 66.4%-26.0pp | 77.8%-37.3pp | 68.1%-27.6pp |
| Annual return | 15.42% | 39.99%-24.6pp | 62.79%-47.4pp | 41.64%-26.2pp |
| Employer contribution / active EE | $346 | $2,614-86.8% | $4,154-91.7% | $2,551-86.4% |
| Participant deferral / active EE | $214 | $3,214-93.4% | $5,453-96.1% | $4,139-94.8% |
| Admin fee / account holder | $168 | $6,352-97.3% | $14,116-98.8% | $7,234-97.7% |