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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 | $14,712 | $148,623-90.1% | $135,974-89.2% | $139,466-89.5% |
| Participation rate | 20.0% | 83.9%-63.9pp | 81.9%-61.9pp | 80.3%-60.3pp |
| Annual return | 74.26% | 79.30%-5.0pp | 68.30%+6.0pp | 373.66%-299.4pp |
| Employer contribution / active EE | $574 | $5,246-89.1% | $4,859-88.2% | $4,754-87.9% |
| Participant deferral / active EE | $2,592 | $8,103-68.0% | $7,760-66.6% | $6,712-61.4% |
| Admin fee / account holder | $160 | $12,406-98.7% | $10,767-98.5% | $11,409-98.6% |