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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 | $20,710 | $85,766-75.9% | $136,298-84.8% | $70,126-70.5% |
| Participation rate | 45.7% | 74.2%-28.4pp | 81.9%-36.2pp | 69.5%-23.8pp |
| Annual return | 18.70% | 31.46%-12.8pp | 5156.27%-5137.6pp | 73.15%-54.4pp |
| Employer contribution / active EE | $478 | $2,966-83.9% | $4,696-89.8% | $2,343-79.6% |
| Participant deferral / active EE | $4,785 | $5,051-5.3% | $6,247-23.4% | $3,332+43.6% |
| Admin fee / account holder | $162 | $5,421-97.0% | $9,244-98.2% | $4,645-96.5% |