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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 | $8,974 | $111,814-92.0% | $93,654-90.4% | $145,959-93.9% |
| Participation rate | 27.3% | 74.2%-46.9pp | 68.7%-41.4pp | 80.3%-53.0pp |
| Annual return | 64.65% | 203.30%-138.6pp | 133.34%-68.7pp | 561.95%-497.3pp |
| Employer contribution / active EE | $0 | $3,092-100.0% | $2,421-100.0% | $4,661-100.0% |
| Participant deferral / active EE | $1,843 | $4,914-62.5% | $4,413-58.2% | $6,689-72.5% |
| Admin fee / account holder | $247 | $10,246-97.6% | $8,282-97.0% | $13,398-98.2% |