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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 | $39,575 | $212,777-81.4% | $173,703-77.2% | $198,609-80.1% |
| Participation rate | 25.0% | 81.1%-56.1pp | 75.9%-50.9pp | 82.4%-57.4pp |
| Annual return | 14.44% | 18.82%-4.4pp | 17.46%-3.0pp | 202.70%-188.3pp |
| Employer contribution / active EE | $240 | $5,214-95.4% | $4,288-94.4% | $5,055-95.3% |
| Participant deferral / active EE | $2,201 | $5,697-61.4% | $4,854-54.7% | $6,977-68.5% |
| Admin fee / account holder | $299 | $19,536-98.5% | $15,562-98.1% | $19,030-98.4% |