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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 | $18,507 | $162,785-88.6% | $133,959-86.2% | $158,950-88.4% |
| Participation rate | 41.7% | 83.2%-41.6pp | 79.8%-38.2pp | 82.0%-40.3pp |
| Annual return | 22.08% | 41.94%-19.9pp | 45.09%-23.0pp | 302.91%-280.8pp |
| Employer contribution / active EE | $825 | $4,975-83.4% | $3,919-78.9% | $4,762-82.7% |
| Participant deferral / active EE | $1,919 | $5,910-67.5% | $5,047-62.0% | $5,983-67.9% |
| Admin fee / account holder | $278 | $11,738-97.6% | $8,928-96.9% | $11,248-97.5% |