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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 | $7,512 | $45,079-83.3% | $69,461-89.2% | $72,983-89.7% |
| Participation rate | 24.4% | 68.5%-44.1pp | 74.6%-50.2pp | 69.5%-45.1pp |
| Annual return | 25.18% | 22.65%+2.5pp | 28.97%-3.8pp | 81.01%-55.8pp |
| Employer contribution / active EE | $110 | $2,055-94.7% | $2,779-96.0% | $2,440-95.5% |
| Participant deferral / active EE | $1,099 | $2,603-57.8% | $3,536-68.9% | $3,608-69.5% |
| Admin fee / account holder | $78 | $3,056-97.4% | $3,840-98.0% | $5,124-98.5% |