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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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 | $9,056 | $89,367-89.9% | $141,191-93.6% | $72,975-87.6% |
| Participation rate | 37.2% | 75.1%-37.9pp | 82.5%-45.3pp | 69.5%-32.3pp |
| Annual return | 42.68% | 111.87%-69.2pp | 71.41%-28.7pp | 81.01%-38.3pp |
| Employer contribution / active EE | $938 | $3,115-69.9% | $4,736-80.2% | $2,440-61.6% |
| Participant deferral / active EE | $1,222 | $5,419-77.4% | $6,710-81.8% | $3,608-66.1% |
| Admin fee / account holder | $213 | $5,957-96.4% | $10,264-97.9% | $5,124-95.9% |