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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 | $28,109 | $144,130-80.5% | $117,861-76.2% | $147,586-81.0% |
| Participation rate | 20.0% | 83.4%-63.4pp | 79.7%-59.7pp | 82.8%-62.8pp |
| Annual return | 30.34% | 531.20%-500.9pp | 335.11%-304.8pp | 578.59%-548.3pp |
| Employer contribution / active EE | $701 | $4,897-85.7% | $3,786-81.5% | $4,876-85.6% |
| Participant deferral / active EE | $2,020 | $5,316-62.0% | $4,482-54.9% | $5,439-62.9% |
| Admin fee / account holder | $0 | $10,887-100.0% | $8,021-100.0% | $10,886-100.0% |