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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 | $1,001 | $70,430-98.6% | $96,572-99.0% | $85,851-98.8% |
| Participation rate | 13.6% | 61.8%-48.2pp | 69.8%-56.2pp | 69.3%-55.7pp |
| Annual return | 0.00% | 18.58%-18.6pp | 37.79%-37.8pp | 318.63%-318.6pp |
| Employer contribution / active EE | $107 | $1,413-92.4% | $2,357-95.5% | $2,565-95.8% |
| Participant deferral / active EE | $0 | $2,894-100.0% | $3,850-100.0% | $3,952-100.0% |
| Admin fee / account holder | $1 | $4,996-100.0% | $6,183-100.0% | $6,261-100.0% |