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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 | $3,987 | $54,162-92.6% | $68,612-94.2% | $64,173-93.8% |
| Participation rate | 51.9% | 68.1%-16.2pp | 72.2%-20.4pp | 69.6%-17.7pp |
| Annual return | 0.00% | -1.62%+1.6pp | -4.63%+4.6pp | 7.63%-7.6pp |
| Employer contribution / active EE | $0 | $1,846-100.0% | $2,625-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $1,749 | $2,626-33.4% | $3,311-47.2% | $3,470-49.6% |
| Admin fee / account holder | $7 | $4,029-99.8% | $5,131-99.9% | $4,887-99.9% |