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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 | $10,720 | $61,172-82.5% | $185,851-94.2% | $79,389-86.5% |
| Participation rate | 37.0% | 66.6%-29.7pp | 81.7%-44.7pp | 70.7%-33.7pp |
| Annual return | 18.59% | 19.45%-0.9pp | 122.11%-103.5pp | 116.89%-98.3pp |
| Employer contribution / active EE | $311 | $2,321-86.6% | $5,168-94.0% | $2,428-87.2% |
| Participant deferral / active EE | $1,660 | $2,788-40.5% | $5,569-70.2% | $4,046-59.0% |
| Admin fee / account holder | $120 | $710-83.1% | $16,245-99.3% | $626-80.9% |