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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 | $19,259 | $72,273-73.4% | $101,275-81.0% | $79,856-75.9% |
| Participation rate | 65.5% | 68.5%-2.9pp | 75.8%-10.3pp | 69.6%-4.1pp |
| Annual return | 65.54% | 22.30%+43.2pp | 46.48%+19.1pp | 31.71%+33.8pp |
| Employer contribution / active EE | $452 | $2,691-83.2% | $3,660-87.6% | $2,471-81.7% |
| Participant deferral / active EE | $3,256 | $3,282-0.8% | $4,371-25.5% | $3,741-13.0% |
| Admin fee / account holder | $69 | $4,401-98.4% | $5,948-98.8% | $5,306-98.7% |