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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 | $25,310 | $201,372-87.4% | $184,260-86.3% | $145,884-82.7% |
| Participation rate | 60.0% | 87.5%-27.5pp | 86.8%-26.8pp | 80.3%-20.3pp |
| Annual return | 22.65% | 29.04%-6.4pp | 28.84%-6.2pp | 551.85%-529.2pp |
| Employer contribution / active EE | $709 | $7,024-89.9% | $6,427-89.0% | $4,662-84.8% |
| Participant deferral / active EE | $6,386 | $9,808-34.9% | $9,133-30.1% | $6,690-4.5% |
| Admin fee / account holder | $49 | $16,362-99.7% | $13,898-99.6% | $13,392-99.6% |