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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 | $22,340 | $168,636-86.8% | $147,618-84.9% | $125,388-82.2% |
| Participation rate | 33.3% | 88.8%-55.4pp | 84.6%-51.3pp | 83.2%-49.9pp |
| Annual return | -3.20% | 77.65%-80.8pp | 61.98%-65.2pp | 282.24%-285.4pp |
| Employer contribution / active EE | $0 | $6,252-100.0% | $5,565-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $5,833 | $5,507+5.9% | $4,895+19.2% | $5,352+9.0% |
| Admin fee / account holder | $162 | $13,580-98.8% | $11,612-98.6% | $9,541-98.3% |