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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 | $9,597 | $114,130-91.6% | $96,192-90.0% | $167,553-94.3% |
| Participation rate | 46.2% | 75.1%-28.9pp | 68.4%-22.3pp | 82.1%-36.0pp |
| Annual return | 12.32% | 190.07%-177.8pp | 192.09%-179.8pp | 478.89%-466.6pp |
| Employer contribution / active EE | $200 | $3,431-94.2% | $2,799-92.8% | $4,840-95.9% |
| Participant deferral / active EE | $0 | $5,198-100.0% | $4,351-100.0% | $6,343-100.0% |
| Admin fee / account holder | $281 | $6,901-95.9% | $5,539-94.9% | $12,316-97.7% |