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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 | $15,291 | $183,516-91.7% | $155,534-90.2% | $145,884-89.5% |
| Participation rate | 40.0% | 82.7%-42.7pp | 78.2%-38.2pp | 80.3%-40.3pp |
| Annual return | 10.09% | 61.43%-51.3pp | 64.92%-54.8pp | 551.85%-541.8pp |
| Employer contribution / active EE | $107 | $5,315-98.0% | $4,675-97.7% | $4,662-97.7% |
| Participant deferral / active EE | $0 | $6,467-100.0% | $5,630-100.0% | $6,690-100.0% |
| Admin fee / account holder | $225 | $19,293-98.8% | $15,900-98.6% | $13,392-98.3% |