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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 | $213,785-92.4% | $185,441-91.2% | $155,188-89.5% |
| Participation rate | 66.7% | 83.2%-16.6pp | 80.3%-13.6pp | 80.8%-14.1pp |
| Annual return | 8.80% | 19.97%-11.2pp | 20.16%-11.4pp | 148.84%-140.0pp |
| Employer contribution / active EE | $957 | $5,393-82.3% | $4,672-79.5% | $4,248-77.5% |
| Participant deferral / active EE | $0 | $6,864-100.0% | $6,152-100.0% | $6,531-100.0% |
| Admin fee / account holder | $14 | $21,134-99.9% | $17,890-99.9% | $14,480-99.9% |