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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 | $11,648 | $71,230-83.6% | $93,727-87.6% | $80,959-85.6% |
| Participation rate | 37.0% | 60.4%-23.4pp | 68.7%-31.7pp | 67.7%-30.6pp |
| Annual return | 17.33% | 11.26%+6.1pp | 133.83%-116.5pp | 35.67%-18.3pp |
| Employer contribution / active EE | $613 | $1,565-60.8% | $2,421-74.7% | $2,757-77.8% |
| Participant deferral / active EE | $880 | $4,037-78.2% | $4,417-80.1% | $4,300-79.5% |
| Admin fee / account holder | $34 | $6,961-99.5% | $8,292-99.6% | $6,925-99.5% |