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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 | $2,648 | $93,064-97.2% | $74,577-96.4% | $273,972-99.0% |
| Participation rate | 35.7% | 74.9%-39.2pp | 68.1%-32.4pp | 83.0%-47.3pp |
| Annual return | 0.00% | 26.18%-26.2pp | 20.47%-20.5pp | 41.46%-41.5pp |
| Employer contribution / active EE | $0 | $3,160-100.0% | $2,525-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $1,095 | $4,160-73.7% | $3,458-68.3% | $5,287-79.3% |
| Admin fee / account holder | $6 | $5,273-99.9% | $4,138-99.9% | $10,133-99.9% |