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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 | $9,271 | $111,878-91.7% | $93,727-90.1% | $145,897-93.6% |
| Participation rate | 23.1% | 74.2%-51.1pp | 68.7%-45.6pp | 80.3%-57.2pp |
| Annual return | 26.04% | 204.28%-178.2pp | 133.83%-107.8pp | 552.29%-526.3pp |
| Employer contribution / active EE | $0 | $3,092-100.0% | $2,421-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $1,944 | $4,920-60.5% | $4,417-56.0% | $6,689-70.9% |
| Admin fee / account holder | $44 | $10,256-99.6% | $8,292-99.5% | $13,390-99.7% |