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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 | $21,035 | $135,956-84.5% | $123,894-83.0% | $273,972-92.3% |
| Participation rate | 58.3% | 84.1%-25.7pp | 81.4%-23.1pp | 83.0%-24.7pp |
| Annual return | 14.70% | 56.63%-41.9pp | 47.52%-32.8pp | 41.46%-26.8pp |
| Employer contribution / active EE | $0 | $5,170-100.0% | $4,617-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $5,602 | $6,343-11.7% | $5,984-6.4% | $5,287+6.0% |
| Admin fee / account holder | $236 | $9,817-97.6% | $8,357-97.2% | $10,133-97.7% |