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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 | $15,647 | $150,447-89.6% | $136,298-88.5% | $147,586-89.4% |
| Participation rate | 63.6% | 84.4%-20.8pp | 81.9%-18.3pp | 82.8%-19.2pp |
| Annual return | 22.74% | 1049.15%-1026.4pp | 5156.27%-5133.5pp | 578.59%-555.9pp |
| Employer contribution / active EE | $849 | $5,256-83.9% | $4,696-81.9% | $4,876-82.6% |
| Participant deferral / active EE | $3,072 | $6,631-53.7% | $6,247-50.8% | $5,439-43.5% |
| Admin fee / account holder | $0 | $10,906-100.0% | $9,244-100.0% | $10,886-100.0% |