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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 | $22,400 | $105,198-78.7% | $159,455-86.0% | $85,856-73.9% |
| Participation rate | 29.5% | 75.8%-46.2pp | 82.8%-53.3pp | 69.3%-39.8pp |
| Annual return | 33.34% | 45.08%-11.7pp | 263.63%-230.3pp | 318.58%-285.2pp |
| Employer contribution / active EE | $577 | $3,319-82.6% | $4,830-88.0% | $2,565-77.5% |
| Participant deferral / active EE | $3,120 | $5,946-47.5% | $7,353-57.6% | $3,952-21.0% |
| Admin fee / account holder | $64 | $6,934-99.1% | $10,800-99.4% | $6,261-99.0% |