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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 | $10,967 | $117,904-90.7% | $102,457-89.3% | $145,978-92.5% |
| Participation rate | 68.2% | 78.6%-10.4pp | 76.5%-8.3pp | 80.3%-12.1pp |
| Annual return | 13.56% | 31.80%-18.2pp | 29.41%-15.8pp | 550.52%-537.0pp |
| Employer contribution / active EE | $438 | $3,613-87.9% | $3,022-85.5% | $4,662-90.6% |
| Participant deferral / active EE | $1,875 | $5,733-67.3% | $5,054-62.9% | $6,690-72.0% |
| Admin fee / account holder | $144 | $13,329-98.9% | $9,451-98.5% | $13,400-98.9% |