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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 | $17,268 | $127,387-86.4% | $115,038-85.0% | $125,389-86.2% |
| Participation rate | 57.1% | 84.2%-27.0pp | 81.4%-24.2pp | 83.2%-26.0pp |
| Annual return | -0.29% | 31.28%-31.6pp | 26.14%-26.4pp | 282.24%-282.5pp |
| Employer contribution / active EE | $634 | $5,166-87.7% | $4,608-86.2% | $4,866-87.0% |
| Participant deferral / active EE | $2,785 | $6,423-56.6% | $6,026-53.8% | $5,352-48.0% |
| Admin fee / account holder | $9 | $9,516-99.9% | $8,175-99.9% | $9,541-99.9% |