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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 | $6,376 | $175,231-96.4% | $149,696-95.7% | $139,466-95.4% |
| Participation rate | 35.7% | 83.4%-47.7pp | 78.8%-43.1pp | 80.3%-44.6pp |
| Annual return | 26.12% | 166.77%-140.7pp | 134.46%-108.3pp | 373.66%-347.5pp |
| Employer contribution / active EE | $964 | $5,478-82.4% | $4,821-80.0% | $4,754-79.7% |
| Participant deferral / active EE | $2,191 | $6,521-66.4% | $5,682-61.4% | $6,712-67.4% |
| Admin fee / account holder | $255 | $16,155-98.4% | $13,212-98.1% | $11,409-97.8% |