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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 | $19,009 | $181,896-89.5% | $156,551-87.9% | $273,972-93.1% |
| Participation rate | 25.0% | 88.4%-63.4pp | 84.0%-59.0pp | 83.0%-58.0pp |
| Annual return | 23.43% | 30.74%-7.3pp | 32.23%-8.8pp | 41.46%-18.0pp |
| Employer contribution / active EE | $826 | $6,248-86.8% | $5,501-85.0% | $4,869-83.0% |
| Participant deferral / active EE | $3,050 | $5,550-45.0% | $4,871-37.4% | $5,287-42.3% |
| Admin fee / account holder | $139 | $15,560-99.1% | $13,028-98.9% | $10,133-98.6% |