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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 | $28,945 | $197,637-85.4% | $177,848-83.7% | $158,982-81.8% |
| Participation rate | 42.9% | 88.5%-45.7pp | 87.7%-44.9pp | 82.0%-39.1pp |
| Annual return | 26.15% | 58.77%-32.6pp | 48.33%-22.2pp | 302.99%-276.8pp |
| Employer contribution / active EE | $0 | $6,698-100.0% | $5,919-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $6,548 | $8,405-22.1% | $7,714-15.1% | $5,983+9.4% |
| Admin fee / account holder | $10 | $15,406-99.9% | $12,431-99.9% | $11,252-99.9% |