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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 | $7,216 | $99,345-92.7% | $84,753-91.5% | $273,972-97.4% |
| Participation rate | 33.3% | 80.7%-47.4pp | 76.6%-43.3pp | 83.0%-49.7pp |
| Annual return | 0.00% | 22.93%-22.9pp | 22.78%-22.8pp | 41.46%-41.5pp |
| Employer contribution / active EE | $225 | $4,214-94.7% | $3,574-93.7% | $4,869-95.4% |
| Participant deferral / active EE | $2,179 | $4,270-49.0% | $3,712-41.3% | $5,287-58.8% |
| Admin fee / account holder | $24 | $6,645-99.6% | $5,333-99.5% | $10,133-99.8% |