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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 | $27,034 | $209,422-87.1% | $178,503-84.9% | $158,982-83.0% |
| Participation rate | 46.7% | 86.4%-39.7pp | 81.9%-35.3pp | 82.0%-35.3pp |
| Annual return | 21.50% | 188.81%-167.3pp | 151.12%-129.6pp | 302.99%-281.5pp |
| Employer contribution / active EE | $0 | $5,707-100.0% | $5,011-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $2,433 | $5,955-59.1% | $5,202-53.2% | $5,983-59.3% |
| Admin fee / account holder | $58 | $17,079-99.7% | $13,987-99.6% | $11,252-99.5% |