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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 | $9,230 | $67,602-86.3% | $82,312-88.8% | $70,126-86.8% |
| Participation rate | 25.0% | 72.8%-47.8pp | 76.9%-51.9pp | 69.5%-44.5pp |
| Annual return | 28.82% | 21.57%+7.2pp | 25.88%+2.9pp | 73.15%-44.3pp |
| Employer contribution / active EE | $391 | $1,755-77.7% | $2,428-83.9% | $2,343-83.3% |
| Participant deferral / active EE | $1,172 | $2,987-60.8% | $3,706-68.4% | $3,332-64.8% |
| Admin fee / account holder | $89 | $4,512-98.0% | $5,608-98.4% | $4,645-98.1% |