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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 | $22,361 | $212,777-89.5% | $173,703-87.1% | $198,609-88.7% |
| Participation rate | 65.0% | 81.1%-16.1pp | 75.9%-10.9pp | 82.4%-17.4pp |
| Annual return | 19.98% | 18.82%+1.2pp | 17.46%+2.5pp | 202.70%-182.7pp |
| Employer contribution / active EE | $1,204 | $5,214-76.9% | $4,288-71.9% | $5,055-76.2% |
| Participant deferral / active EE | $2,636 | $5,697-53.7% | $4,854-45.7% | $6,977-62.2% |
| Admin fee / account holder | $220 | $19,536-98.9% | $15,562-98.6% | $19,030-98.8% |