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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 | $16,234 | $254,759-93.6% | $216,567-92.5% | $198,609-91.8% |
| Participation rate | 66.7% | 84.5%-17.9pp | 81.6%-15.0pp | 82.4%-15.7pp |
| Annual return | 8.80% | 10.04%-1.2pp | 12.94%-4.1pp | 202.70%-193.9pp |
| Employer contribution / active EE | $957 | $6,096-84.3% | $5,216-81.7% | $5,055-81.1% |
| Participant deferral / active EE | $0 | $6,948-100.0% | $6,191-100.0% | $6,977-100.0% |
| Admin fee / account holder | $14 | $26,311-99.9% | $21,981-99.9% | $19,030-99.9% |