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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 | $23,481 | $198,457-88.2% | $170,435-86.2% | $147,586-84.1% |
| Participation rate | 45.5% | 88.0%-42.5pp | 83.6%-38.1pp | 82.8%-37.4pp |
| Annual return | 22.29% | 257.30%-235.0pp | 205.94%-183.7pp | 578.59%-556.3pp |
| Employer contribution / active EE | $1,104 | $6,183-82.1% | $5,432-79.7% | $4,876-77.4% |
| Participant deferral / active EE | $2,422 | $5,629-57.0% | $4,939-51.0% | $5,439-55.5% |
| Admin fee / account holder | $162 | $16,852-99.0% | $13,881-98.8% | $10,886-98.5% |