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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 | $10,597 | $135,956-92.2% | $123,894-91.4% | $273,972-96.1% |
| Participation rate | 60.0% | 84.1%-24.1pp | 81.4%-21.4pp | 83.0%-23.0pp |
| Annual return | 25.51% | 56.63%-31.1pp | 47.52%-22.0pp | 41.46%-15.9pp |
| Employer contribution / active EE | $771 | $5,170-85.1% | $4,617-83.3% | $4,869-84.2% |
| Participant deferral / active EE | $3,850 | $6,343-39.3% | $5,984-35.7% | $5,287-27.2% |
| Admin fee / account holder | $26 | $9,817-99.7% | $8,357-99.7% | $10,133-99.7% |