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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 | $150,442-89.6% | $136,295-88.5% | $147,585-89.4% |
| Participation rate | 63.6% | 84.4%-20.8pp | 81.9%-18.3pp | 82.8%-19.2pp |
| Annual return | 22.74% | 1049.09%-1026.4pp | 5155.97%-5133.2pp | 578.56%-555.8pp |
| Employer contribution / active EE | $849 | $5,256-83.9% | $4,695-81.9% | $4,876-82.6% |
| Participant deferral / active EE | $3,072 | $6,630-53.7% | $6,247-50.8% | $5,439-43.5% |
| Admin fee / account holder | $0 | $10,905-100.0% | $9,243-100.0% | $10,885-100.0% |