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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 | $14,483 | $175,231-91.7% | $149,696-90.3% | $139,466-89.6% |
| Participation rate | 50.0% | 83.4%-33.4pp | 78.8%-28.8pp | 80.3%-30.3pp |
| Annual return | 32.53% | 166.77%-134.2pp | 134.46%-101.9pp | 373.66%-341.1pp |
| Employer contribution / active EE | $794 | $5,478-85.5% | $4,821-83.5% | $4,754-83.3% |
| Participant deferral / active EE | $2,928 | $6,521-55.1% | $5,682-48.5% | $6,712-56.4% |
| Admin fee / account holder | $0 | $16,155-100.0% | $13,212-100.0% | $11,409-100.0% |