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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 | $27,297 | $184,000-85.2% | $162,185-83.2% | $152,909-82.1% |
| Participation rate | 60.0% | 88.5%-28.5pp | 87.6%-27.6pp | 82.5%-22.5pp |
| Annual return | 21.19% | 150.80%-129.6pp | 115.61%-94.4pp | 345.46%-324.3pp |
| Employer contribution / active EE | $1,376 | $6,370-78.4% | $5,613-75.5% | $4,764-71.1% |
| Participant deferral / active EE | $3,219 | $8,033-59.9% | $7,297-55.9% | $5,851-45.0% |
| Admin fee / account holder | $199 | $13,124-98.5% | $10,844-98.2% | $11,601-98.3% |