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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 | $11,884 | $183,627-93.5% | $155,602-92.4% | $145,978-91.9% |
| Participation rate | 47.1% | 82.7%-35.6pp | 78.2%-31.1pp | 80.3%-33.2pp |
| Annual return | 44.94% | 61.32%-16.4pp | 64.81%-19.9pp | 550.52%-505.6pp |
| Employer contribution / active EE | $819 | $5,316-84.6% | $4,675-82.5% | $4,662-82.4% |
| Participant deferral / active EE | $3,906 | $6,466-39.6% | $5,629-30.6% | $6,690-41.6% |
| Admin fee / account holder | $26 | $19,327-99.9% | $15,923-99.8% | $13,400-99.8% |