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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 | $4,013 | $115,814-96.5% | $101,275-96.0% | $158,982-97.5% |
| Participation rate | 63.6% | 79.4%-15.7pp | 75.8%-12.2pp | 82.0%-18.3pp |
| Annual return | 338.04% | 56.16%+281.9pp | 46.48%+291.6pp | 302.99%+35.1pp |
| Employer contribution / active EE | $717 | $4,176-82.8% | $3,660-80.4% | $4,763-85.0% |
| Participant deferral / active EE | $1,786 | $4,958-64.0% | $4,371-59.1% | $5,983-70.2% |
| Admin fee / account holder | $14 | $7,249-99.8% | $5,948-99.8% | $11,252-99.9% |