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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 | $13,646 | $175,259-92.2% | $149,723-90.9% | $139,487-90.2% |
| Participation rate | 22.2% | 83.4%-61.2pp | 78.8%-56.6pp | 80.3%-58.1pp |
| Annual return | 66.81% | 166.82%-100.0pp | 134.50%-67.7pp | 373.84%-307.0pp |
| Employer contribution / active EE | $7 | $5,478-99.9% | $4,821-99.9% | $4,755-99.9% |
| Participant deferral / active EE | $2,111 | $6,522-67.6% | $5,682-62.8% | $6,713-68.5% |
| Admin fee / account holder | $176 | $16,158-98.9% | $13,215-98.7% | $11,407-98.5% |