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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 | $5,383 | $109,863-95.1% | $98,477-94.5% | $167,518-96.8% |
| Participation rate | 64.7% | 75.8%-11.1pp | 73.3%-8.6pp | 82.1%-17.4pp |
| Annual return | 24.87% | 1958.09%-1933.2pp | 1493.59%-1468.7pp | 478.71%-453.8pp |
| Employer contribution / active EE | $126 | $3,225-96.1% | $2,961-95.7% | $4,838-97.4% |
| Participant deferral / active EE | $1,991 | $4,673-57.4% | $4,276-53.4% | $6,342-68.6% |
| Admin fee / account holder | $20 | $6,755-99.7% | $5,951-99.7% | $12,312-99.8% |