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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 | $19,372 | $165,381-88.3% | $149,730-87.1% | $158,966-87.8% |
| Participation rate | 56.5% | 84.6%-28.1pp | 82.5%-26.0pp | 82.0%-25.4pp |
| Annual return | 21.74% | 348.29%-326.6pp | 276.70%-255.0pp | 302.95%-281.2pp |
| Employer contribution / active EE | $413 | $5,104-91.9% | $4,645-91.1% | $4,762-91.3% |
| Participant deferral / active EE | $4,652 | $7,182-35.2% | $6,843-32.0% | $5,983-22.3% |
| Admin fee / account holder | $197 | $10,809-98.2% | $9,310-97.9% | $11,250-98.3% |