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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 | $18,663 | $135,956-86.3% | $123,894-84.9% | $273,972-93.2% |
| Participation rate | 20.0% | 84.1%-64.1pp | 81.4%-61.4pp | 83.0%-63.0pp |
| Annual return | 17.78% | 56.63%-38.8pp | 47.52%-29.7pp | 41.46%-23.7pp |
| Employer contribution / active EE | $0 | $5,170-100.0% | $4,617-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $3,200 | $6,343-49.5% | $5,984-46.5% | $5,287-39.5% |
| Admin fee / account holder | $101 | $9,817-99.0% | $8,357-98.8% | $10,133-99.0% |