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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 | $9,557 | $48,078-80.1% | $78,675-87.9% | $62,881-84.8% |
| Participation rate | 68.0% | 65.2%+2.8pp | 73.6%-5.5pp | 69.3%-1.3pp |
| Annual return | 45.40% | 31.36%+14.0pp | 62.19%-16.8pp | 20.14%+25.3pp |
| Employer contribution / active EE | $0 | $2,015-100.0% | $2,850-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $2,181 | $2,587-15.7% | $3,517-38.0% | $3,203-31.9% |
| Admin fee / account holder | $25 | $3,206-99.2% | $4,510-99.4% | $4,296-99.4% |