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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 | $162,967-91.4% | $135,792-89.7% | $138,895-90.0% |
| Participation rate | 57.1% | 78.3%-21.2pp | 72.6%-15.4pp | 79.9%-22.8pp |
| Annual return | 20.91% | 30.08%-9.2pp | 25.96%-5.0pp | 145.39%-124.5pp |
| Employer contribution / active EE | $1,061 | $4,211-74.8% | $3,496-69.7% | $4,194-74.7% |
| Participant deferral / active EE | $1,326 | $5,640-76.5% | $4,759-72.1% | $6,396-79.3% |
| Admin fee / account holder | $80 | $15,306-99.5% | $12,266-99.3% | $12,562-99.4% |