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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 | $10,091 | $153,769-93.4% | $133,975-92.5% | $273,972-96.3% |
| Participation rate | 30.0% | 88.4%-58.4pp | 87.1%-57.1pp | 83.0%-53.0pp |
| Annual return | 240.28% | 36.51%+203.8pp | 29.29%+211.0pp | 41.46%+198.8pp |
| Employer contribution / active EE | $81 | $6,029-98.7% | $5,211-98.4% | $4,869-98.3% |
| Participant deferral / active EE | $2,654 | $6,958-61.9% | $6,282-57.8% | $5,287-49.8% |
| Admin fee / account holder | $0 | $11,765-100.0% | $9,324-100.0% | $10,133-100.0% |