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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 | $9,128 | $104,251-91.2% | $91,004-90.0% | $147,586-93.8% |
| Participation rate | 61.5% | 78.2%-16.7pp | 75.6%-14.1pp | 82.8%-21.3pp |
| Annual return | 26.32% | 27.06%-0.7pp | 4.60%+21.7pp | 578.59%-552.3pp |
| Employer contribution / active EE | $212 | $3,116-93.2% | $2,456-91.4% | $4,876-95.6% |
| Participant deferral / active EE | $3,059 | $4,195-27.1% | $3,548-13.8% | $5,439-43.8% |
| Admin fee / account holder | $0 | $8,948-100.0% | $5,417-100.0% | $10,886-100.0% |