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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 | $16,872 | $198,457-91.5% | $170,435-90.1% | $147,586-88.6% |
| Participation rate | 58.8% | 88.0%-29.1pp | 83.6%-24.8pp | 82.8%-24.0pp |
| Annual return | 19.39% | 257.30%-237.9pp | 205.94%-186.5pp | 578.59%-559.2pp |
| Employer contribution / active EE | $1,054 | $6,183-83.0% | $5,432-80.6% | $4,876-78.4% |
| Participant deferral / active EE | $2,196 | $5,629-61.0% | $4,939-55.5% | $5,439-59.6% |
| Admin fee / account holder | $223 | $16,852-98.7% | $13,881-98.4% | $10,886-97.9% |