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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 | $17,635 | $105,210-83.2% | $159,487-88.9% | $85,851-79.5% |
| Participation rate | 28.0% | 75.8%-47.8pp | 82.8%-54.8pp | 69.3%-41.3pp |
| Annual return | 20.69% | 45.08%-24.4pp | 263.71%-243.0pp | 318.63%-297.9pp |
| Employer contribution / active EE | $0 | $3,319-100.0% | $4,831-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $2,523 | $5,946-57.6% | $7,354-65.7% | $3,952-36.2% |
| Admin fee / account holder | $142 | $6,934-98.0% | $10,804-98.7% | $6,261-97.7% |