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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 | $19,995 | $58,493-65.8% | $84,023-76.2% | $72,976-72.6% |
| Participation rate | 60.7% | 61.2%-0.5pp | 69.0%-8.3pp | 69.5%-8.8pp |
| Annual return | 19.61% | 28.93%-9.3pp | 71.32%-51.7pp | 81.02%-61.4pp |
| Employer contribution / active EE | $0 | $1,163-100.0% | $1,984-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,702 | $2,394-28.9% | $3,239-47.5% | $3,608-52.8% |
| Admin fee / account holder | $86 | $4,569-98.1% | $6,102-98.6% | $5,124-98.3% |