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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 | $13,345 | $153,311-91.3% | $109,313-87.8% | $273,972-95.1% |
| Participation rate | 65.2% | 80.1%-14.9pp | 71.3%-6.0pp | 83.0%-17.8pp |
| Annual return | 75.95% | 29.86%+46.1pp | 22.07%+53.9pp | 41.46%+34.5pp |
| Employer contribution / active EE | $0 | $5,619-100.0% | $3,892-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $3,011 | $3,932-23.4% | $3,166-4.9% | $5,287-43.0% |
| Admin fee / account holder | $114 | $8,076-98.6% | $5,666-98.0% | $10,133-98.9% |