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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 | $5,471 | $106,280-94.9% | $96,538-94.3% | $139,487-96.1% |
| Participation rate | 33.3% | 77.8%-44.5pp | 74.3%-41.0pp | 80.3%-47.0pp |
| Annual return | 75.85% | 38.48%+37.4pp | 35.74%+40.1pp | 373.84%-298.0pp |
| Employer contribution / active EE | $231 | $4,107-94.4% | $3,740-93.8% | $4,755-95.1% |
| Participant deferral / active EE | $2,809 | $5,457-48.5% | $4,880-42.4% | $6,713-58.1% |
| Admin fee / account holder | $146 | $7,888-98.2% | $6,737-97.8% | $11,407-98.7% |