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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 | $3,831 | $72,273-94.7% | $101,275-96.2% | $79,856-95.2% |
| Participation rate | 56.3% | 68.5%-12.2pp | 75.8%-19.6pp | 69.6%-13.4pp |
| Annual return | 29.82% | 22.30%+7.5pp | 46.48%-16.7pp | 31.71%-1.9pp |
| Employer contribution / active EE | $75 | $2,691-97.2% | $3,660-98.0% | $2,471-97.0% |
| Participant deferral / active EE | $1,389 | $3,282-57.7% | $4,371-68.2% | $3,741-62.9% |
| Admin fee / account holder | $94 | $4,401-97.9% | $5,948-98.4% | $5,306-98.2% |