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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 | $13,937 | $177,156-92.1% | $147,027-90.5% | $154,746-91.0% |
| Participation rate | 57.1% | 79.4%-22.2pp | 73.7%-16.6pp | 80.7%-23.6pp |
| Annual return | 20.91% | 21.94%-1.0pp | 20.23%+0.7pp | 172.34%-151.4pp |
| Employer contribution / active EE | $1,061 | $4,336-75.5% | $3,626-70.7% | $4,379-75.8% |
| Participant deferral / active EE | $1,326 | $5,797-77.1% | $4,933-73.1% | $6,730-80.3% |
| Admin fee / account holder | $80 | $14,904-99.5% | $12,223-99.3% | $14,365-99.4% |