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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 | $35,284 | $289,211-87.8% | $260,467-86.5% | $198,609-82.2% |
| Participation rate | 60.0% | 83.1%-23.1pp | 80.5%-20.5pp | 82.4%-22.4pp |
| Annual return | 15.67% | 112.90%-97.2pp | 100.60%-84.9pp | 202.70%-187.0pp |
| Employer contribution / active EE | $0 | $4,663-100.0% | $4,239-100.0% | $5,055-100.0% |
| Participant deferral / active EE | $2,971 | $6,812-56.4% | $6,319-53.0% | $6,977-57.4% |
| Admin fee / account holder | $194 | $16,236-98.8% | $15,461-98.7% | $19,030-99.0% |