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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 | $10,581 | $49,249-78.5% | $70,476-85.0% | $79,852-86.7% |
| Participation rate | 30.8% | 69.2%-38.4pp | 75.1%-44.3pp | 69.6%-38.9pp |
| Annual return | 17.95% | 30.09%-12.1pp | 109.12%-91.2pp | 31.72%-13.8pp |
| Employer contribution / active EE | $143 | $2,100-93.2% | $2,738-94.8% | $2,471-94.2% |
| Participant deferral / active EE | $1,428 | $2,769-48.4% | $3,710-61.5% | $3,740-61.8% |
| Admin fee / account holder | $122 | $2,878-95.8% | $3,847-96.8% | $5,306-97.7% |