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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 | $15,412 | $115,814-86.7% | $101,275-84.8% | $158,982-90.3% |
| Participation rate | 41.7% | 79.4%-37.7pp | 75.8%-34.1pp | 82.0%-40.3pp |
| Annual return | 39.10% | 56.16%-17.1pp | 46.48%-7.4pp | 302.99%-263.9pp |
| Employer contribution / active EE | $730 | $4,176-82.5% | $3,660-80.1% | $4,763-84.7% |
| Participant deferral / active EE | $2,473 | $4,958-50.1% | $4,371-43.4% | $5,983-58.7% |
| Admin fee / account holder | $241 | $7,249-96.7% | $5,948-95.9% | $11,252-97.9% |