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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 | $18,024 | $175,231-89.7% | $149,696-88.0% | $139,466-87.1% |
| Participation rate | 44.4% | 83.4%-38.9pp | 78.8%-34.3pp | 80.3%-35.9pp |
| Annual return | 42.57% | 166.77%-124.2pp | 134.46%-91.9pp | 373.66%-331.1pp |
| Employer contribution / active EE | $0 | $5,478-100.0% | $4,821-100.0% | $4,754-100.0% |
| Participant deferral / active EE | $6,750 | $6,521+3.5% | $5,682+18.8% | $6,712+0.6% |
| Admin fee / account holder | $264 | $16,155-98.4% | $13,212-98.0% | $11,409-97.7% |