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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 | $10,054 | $172,111-94.2% | $150,298-93.3% | $137,256-92.7% |
| Participation rate | 37.5% | 81.7%-44.2pp | 77.8%-40.3pp | 80.0%-42.5pp |
| Annual return | 26.56% | 69.37%-42.8pp | 62.79%-36.2pp | 220.34%-193.8pp |
| Employer contribution / active EE | $715 | $4,636-84.6% | $4,154-82.8% | $4,156-82.8% |
| Participant deferral / active EE | $1,852 | $6,166-70.0% | $5,453-66.0% | $6,407-71.1% |
| Admin fee / account holder | $50 | $16,471-99.7% | $14,116-99.6% | $12,270-99.6% |