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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 | $21,537 | $202,342-89.4% | $172,752-87.5% | $152,897-85.9% |
| Participation rate | 35.7% | 87.1%-51.3pp | 82.6%-46.9pp | 82.5%-46.7pp |
| Annual return | 14.53% | 1029.83%-1015.3pp | 802.97%-788.4pp | 345.43%-330.9pp |
| Employer contribution / active EE | $929 | $5,858-84.1% | $5,144-81.9% | $4,764-80.5% |
| Participant deferral / active EE | $2,947 | $5,948-50.5% | $5,198-43.3% | $5,851-49.6% |
| Admin fee / account holder | $0 | $17,111-100.0% | $13,955-100.0% | $11,599-100.0% |