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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 | $6,022 | $96,678-93.8% | $86,640-93.0% | $139,466-95.7% |
| Participation rate | 35.7% | 74.4%-38.7pp | 71.7%-36.0pp | 80.3%-44.6pp |
| Annual return | 38.40% | 106.69%-68.3pp | 592.52%-554.1pp | 373.66%-335.3pp |
| Employer contribution / active EE | $305 | $3,265-90.7% | $3,024-89.9% | $4,754-93.6% |
| Participant deferral / active EE | $1,305 | $4,837-73.0% | $4,438-70.6% | $6,712-80.6% |
| Admin fee / account holder | $23 | $6,410-99.6% | $5,616-99.6% | $11,409-99.8% |