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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 | $18,800 | $201,372-90.7% | $184,260-89.8% | $145,884-87.1% |
| Participation rate | 36.4% | 87.5%-51.1pp | 86.8%-50.5pp | 80.3%-43.9pp |
| Annual return | 26.32% | 29.04%-2.7pp | 28.84%-2.5pp | 551.85%-525.5pp |
| Employer contribution / active EE | $1,203 | $7,024-82.9% | $6,427-81.3% | $4,662-74.2% |
| Participant deferral / active EE | $4,316 | $9,808-56.0% | $9,133-52.7% | $6,690-35.5% |
| Admin fee / account holder | $79 | $16,362-99.5% | $13,898-99.4% | $13,392-99.4% |