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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 | $1,795 | $37,446-95.2% | $77,552-97.7% | $79,856-97.8% |
| Participation rate | 53.1% | 41.5%+11.6pp | 54.2%-1.1pp | 69.6%-16.5pp |
| Annual return | 20.06% | 39.76%-19.7pp | 54.82%-34.8pp | 31.71%-11.6pp |
| Employer contribution / active EE | $126 | $637-80.2% | $987-87.2% | $2,471-94.9% |
| Participant deferral / active EE | $110 | $1,261-91.3% | $1,861-94.1% | $3,741-97.1% |
| Admin fee / account holder | $12 | $2,506-99.5% | $2,859-99.6% | $5,306-99.8% |