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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 | $23,904 | $198,462-88.0% | $170,439-86.0% | $147,585-83.8% |
| Participation rate | 60.0% | 88.0%-28.0pp | 83.6%-23.6pp | 82.8%-22.8pp |
| Annual return | 8451.44% | 257.30%+8194.1pp | 205.94%+8245.5pp | 578.58%+7872.9pp |
| Employer contribution / active EE | $320 | $6,184-94.8% | $5,433-94.1% | $4,876-93.4% |
| Participant deferral / active EE | $2,303 | $5,629-59.1% | $4,939-53.4% | $5,439-57.7% |
| Admin fee / account holder | $131 | $16,852-99.2% | $13,881-99.1% | $10,886-98.8% |