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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 | $6,933 | $115,814-94.0% | $101,275-93.2% | $158,982-95.6% |
| Participation rate | 21.1% | 79.4%-58.3pp | 75.8%-54.8pp | 82.0%-60.9pp |
| Annual return | 187.86% | 56.16%+131.7pp | 46.48%+141.4pp | 302.99%-115.1pp |
| Employer contribution / active EE | $415 | $4,176-90.1% | $3,660-88.7% | $4,763-91.3% |
| Participant deferral / active EE | $1,461 | $4,958-70.5% | $4,371-66.6% | $5,983-75.6% |
| Admin fee / account holder | $47 | $7,249-99.4% | $5,948-99.2% | $11,252-99.6% |