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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 | $27,216 | $217,432-87.5% | $185,851-85.4% | $167,553-83.8% |
| Participation rate | 25.0% | 86.1%-61.1pp | 81.7%-56.7pp | 82.1%-57.1pp |
| Annual return | 32.85% | 148.43%-115.6pp | 122.11%-89.3pp | 478.89%-446.0pp |
| Employer contribution / active EE | $901 | $5,874-84.7% | $5,168-82.6% | $4,840-81.4% |
| Participant deferral / active EE | $3,159 | $6,357-50.3% | $5,569-43.3% | $6,343-50.2% |
| Admin fee / account holder | $134 | $19,820-99.3% | $16,245-99.2% | $12,316-98.9% |