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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 | $12,381 | $112,933-89.0% | $90,970-86.4% | $158,982-92.2% |
| Participation rate | 40.0% | 74.7%-34.7pp | 69.0%-29.0pp | 82.0%-42.0pp |
| Annual return | 32.12% | 215.82%-183.7pp | 134.60%-102.5pp | 302.99%-270.9pp |
| Employer contribution / active EE | $0 | $2,893-100.0% | $2,122-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $2,661 | $4,128-35.5% | $3,373-21.1% | $5,983-55.5% |
| Admin fee / account holder | $74 | $8,047-99.1% | $5,961-98.8% | $11,252-99.3% |