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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 | $16,196 | $160,070-89.9% | $147,117-89.0% | $145,897-88.9% |
| Participation rate | 62.5% | 84.0%-21.5pp | 82.2%-19.7pp | 80.3%-17.8pp |
| Annual return | 14.68% | 98.69%-84.0pp | 420.54%-405.9pp | 552.29%-537.6pp |
| Employer contribution / active EE | $1,364 | $5,285-74.2% | $4,932-72.3% | $4,663-70.7% |
| Participant deferral / active EE | $2,063 | $8,419-75.5% | $8,065-74.4% | $6,689-69.2% |
| Admin fee / account holder | $204 | $15,035-98.6% | $12,993-98.4% | $13,390-98.5% |