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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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 | $10,351 | $54,763-81.1% | $90,324-88.5% | $72,976-85.8% |
| Participation rate | 25.6% | 65.2%-39.5pp | 73.3%-47.6pp | 69.5%-43.8pp |
| Annual return | 44.14% | 30.63%+13.5pp | 78.15%-34.0pp | 81.02%-36.9pp |
| Employer contribution / active EE | $164 | $2,093-92.2% | $2,856-94.3% | $2,440-93.3% |
| Participant deferral / active EE | $1,060 | $2,887-63.3% | $3,885-72.7% | $3,608-70.6% |
| Admin fee / account holder | $38 | $3,973-99.0% | $5,356-99.3% | $5,124-99.3% |