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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 | $13,585 | $106,918-87.3% | $84,021-83.8% | $152,897-91.1% |
| Participation rate | 58.3% | 75.2%-16.9pp | 69.0%-10.7pp | 82.5%-24.1pp |
| Annual return | 16.35% | 105.01%-88.7pp | 71.32%-55.0pp | 345.43%-329.1pp |
| Employer contribution / active EE | -$408 | $2,735-114.9% | $1,984-120.6% | $4,764-108.6% |
| Participant deferral / active EE | $1,581 | $4,012-60.6% | $3,239-51.2% | $5,851-73.0% |
| Admin fee / account holder | $126 | $8,288-98.5% | $6,102-97.9% | $11,599-98.9% |