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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 | $18,238 | $185,905-90.2% | $170,057-89.3% | $139,487-86.9% |
| Participation rate | 66.7% | 87.8%-21.1pp | 87.0%-20.3pp | 80.3%-13.7pp |
| Annual return | 0.00% | 60.56%-60.6pp | 53.42%-53.4pp | 373.84%-373.8pp |
| Employer contribution / active EE | $1,408 | $7,597-81.5% | $6,790-79.3% | $4,755-70.4% |
| Participant deferral / active EE | $3,380 | $11,627-70.9% | $10,411-67.5% | $6,713-49.6% |
| Admin fee / account holder | $163 | $15,397-98.9% | $12,826-98.7% | $11,407-98.6% |