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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 | $117,846-90.7% | $102,434-89.3% | $145,884-92.5% |
| Participation rate | 68.2% | 78.6%-10.4pp | 76.5%-8.3pp | 80.3%-12.1pp |
| Annual return | 13.56% | 31.90%-18.3pp | 29.46%-15.9pp | 551.85%-538.3pp |
| Employer contribution / active EE | $438 | $3,615-87.9% | $3,023-85.5% | $4,662-90.6% |
| Participant deferral / active EE | $1,875 | $5,733-67.3% | $5,055-62.9% | $6,690-72.0% |
| Admin fee / account holder | $144 | $13,356-98.9% | $9,462-98.5% | $13,392-98.9% |