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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 | $46,235 | $167,415-72.4% | $140,514-67.1% | $198,609-76.7% |
| Participation rate | 40.0% | 80.9%-40.9pp | 77.8%-37.8pp | 82.4%-42.4pp |
| Annual return | 5.70% | 13.85%-8.1pp | 14.36%-8.7pp | 202.70%-197.0pp |
| Employer contribution / active EE | $2,150 | $4,088-47.4% | $3,378-36.4% | $5,055-57.5% |
| Participant deferral / active EE | $2,150 | $5,579-61.5% | $4,919-56.3% | $6,977-69.2% |
| Admin fee / account holder | $0 | $16,730-100.0% | $13,697-100.0% | $19,030-100.0% |