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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 | $14,172 | $56,197-74.8% | $67,652-79.1% | $59,633-76.2% |
| Participation rate | 36.4% | 71.5%-35.1pp | 75.7%-39.3pp | 68.7%-32.3pp |
| Annual return | 42.73% | 18508.10%-18465.4pp | 6625.40%-6582.7pp | 2041.45%-1998.7pp |
| Employer contribution / active EE | $303 | $1,615-81.2% | $2,266-86.6% | $2,203-86.2% |
| Participant deferral / active EE | $2,518 | $2,844-11.4% | $3,560-29.3% | $3,192-21.1% |
| Admin fee / account holder | $116 | $3,958-97.1% | $4,821-97.6% | $4,297-97.3% |