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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 | $9,847 | $166,242-94.1% | $165,071-94.0% | $145,884-93.3% |
| Participation rate | 42.9% | 82.0%-39.2pp | 78.6%-35.8pp | 80.3%-37.4pp |
| Annual return | 108.97% | 100.44%+8.5pp | 70.17%+38.8pp | 551.85%-442.9pp |
| Employer contribution / active EE | $690 | $5,283-86.9% | $4,347-84.1% | $4,662-85.2% |
| Participant deferral / active EE | $3,259 | $6,964-53.2% | $6,035-46.0% | $6,690-51.3% |
| Admin fee / account holder | $267 | $16,658-98.4% | $12,695-97.9% | $13,392-98.0% |