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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 | $11,686 | $175,259-93.3% | $149,723-92.2% | $139,487-91.6% |
| Participation rate | 40.0% | 83.4%-43.4pp | 78.8%-38.8pp | 80.3%-40.3pp |
| Annual return | 40.59% | 166.82%-126.2pp | 134.50%-93.9pp | 373.84%-333.3pp |
| Employer contribution / active EE | $785 | $5,478-85.7% | $4,821-83.7% | $4,755-83.5% |
| Participant deferral / active EE | $3,051 | $6,522-53.2% | $5,682-46.3% | $6,713-54.5% |
| Admin fee / account holder | $84 | $16,158-99.5% | $13,215-99.4% | $11,407-99.3% |