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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 | $11,896 | $168,635-92.9% | $147,617-91.9% | $125,389-90.5% |
| Participation rate | 22.7% | 88.8%-66.0pp | 84.6%-61.9pp | 83.2%-60.5pp |
| Annual return | 0.25% | 77.65%-77.4pp | 61.98%-61.7pp | 282.24%-282.0pp |
| Employer contribution / active EE | $0 | $6,252-100.0% | $5,564-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $1,908 | $5,507-65.4% | $4,895-61.0% | $5,352-64.3% |
| Admin fee / account holder | $197 | $13,580-98.6% | $11,612-98.3% | $9,541-97.9% |