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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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 | $11,335 | $83,485-86.4% | $125,192-90.9% | $72,975-84.5% |
| Participation rate | 35.2% | 73.3%-38.1pp | 79.8%-44.6pp | 69.5%-34.3pp |
| Annual return | 68.39% | 25.77%+42.6pp | 43.79%+24.6pp | 81.01%-12.6pp |
| Employer contribution / active EE | $668 | $2,346-71.5% | $3,866-82.7% | $2,440-72.6% |
| Participant deferral / active EE | $1,014 | $3,586-71.7% | $4,937-79.5% | $3,608-71.9% |
| Admin fee / account holder | $42 | $5,518-99.2% | $9,704-99.6% | $5,124-99.2% |