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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 | $12,913 | $85,171-84.8% | $172,753-92.5% | $72,976-82.3% |
| Participation rate | 42.4% | 70.1%-27.6pp | 82.6%-40.2pp | 69.5%-27.1pp |
| Annual return | 35.13% | 27.32%+7.8pp | 803.00%-767.9pp | 81.02%-45.9pp |
| Employer contribution / active EE | $175 | $3,324-94.7% | $5,144-96.6% | $2,440-92.8% |
| Participant deferral / active EE | $2,750 | $3,260-15.6% | $5,198-47.1% | $3,608-23.8% |
| Admin fee / account holder | $216 | $5,880-96.3% | $13,956-98.5% | $5,124-95.8% |