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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 | $12,410 | $106,008-88.3% | $92,240-86.5% | $147,586-91.6% |
| Participation rate | 33.3% | 80.4%-47.1pp | 76.5%-43.1pp | 82.8%-49.5pp |
| Annual return | 17.56% | 50.05%-32.5pp | 176.29%-158.7pp | 578.59%-561.0pp |
| Employer contribution / active EE | $453 | $4,333-89.5% | $3,680-87.7% | $4,876-90.7% |
| Participant deferral / active EE | $2,983 | $4,478-33.4% | $3,897-23.5% | $5,439-45.2% |
| Admin fee / account holder | $76 | $6,333-98.8% | $5,194-98.5% | $10,886-99.3% |