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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 | $17,669 | $138,076-87.2% | $123,553-85.7% | $135,380-86.9% |
| Participation rate | 41.7% | 84.7%-43.1pp | 82.3%-40.6pp | 82.6%-41.0pp |
| Annual return | -8.63% | 153.70%-162.3pp | 119.21%-127.8pp | 519.81%-528.4pp |
| Employer contribution / active EE | $741 | $5,152-85.6% | $4,628-84.0% | $4,779-84.5% |
| Participant deferral / active EE | $2,628 | $6,800-61.3% | $6,426-59.1% | $5,609-53.1% |
| Admin fee / account holder | $2 | $10,917-100.0% | $9,284-100.0% | $10,828-100.0% |