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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 | $15,960 | $115,814-86.2% | $101,275-84.2% | $158,982-90.0% |
| Participation rate | 18.2% | 79.4%-61.2pp | 75.8%-57.6pp | 82.0%-63.8pp |
| Annual return | 50.35% | 56.16%-5.8pp | 46.48%+3.9pp | 302.99%-252.6pp |
| Employer contribution / active EE | $986 | $4,176-76.4% | $3,660-73.1% | $4,763-79.3% |
| Participant deferral / active EE | $1,133 | $4,958-77.2% | $4,371-74.1% | $5,983-81.1% |
| Admin fee / account holder | $20 | $7,249-99.7% | $5,948-99.7% | $11,252-99.8% |