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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 | $18,936 | $144,130-86.9% | $117,861-83.9% | $147,586-87.2% |
| Participation rate | 58.8% | 83.4%-24.6pp | 79.7%-20.8pp | 82.8%-24.0pp |
| Annual return | 20.61% | 531.20%-510.6pp | 335.11%-314.5pp | 578.59%-558.0pp |
| Employer contribution / active EE | $557 | $4,897-88.6% | $3,786-85.3% | $4,876-88.6% |
| Participant deferral / active EE | $2,109 | $5,316-60.3% | $4,482-52.9% | $5,439-61.2% |
| Admin fee / account holder | $160 | $10,887-98.5% | $8,021-98.0% | $10,886-98.5% |