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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 | $13,931 | $111,301-87.5% | $112,977-87.7% | $158,982-91.2% |
| Participation rate | 63.6% | 83.5%-19.9pp | 82.6%-18.9pp | 82.0%-18.3pp |
| Annual return | 23.89% | 26.40%-2.5pp | 24.24%-0.4pp | 302.99%-279.1pp |
| Employer contribution / active EE | $843 | $4,471-81.2% | $4,255-80.2% | $4,763-82.3% |
| Participant deferral / active EE | $2,466 | $5,880-58.1% | $5,836-57.7% | $5,983-58.8% |
| Admin fee / account holder | $198 | $8,392-97.6% | $6,294-96.9% | $11,252-98.2% |