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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 | $16,190 | $211,946-92.4% | $169,452-90.4% | $135,380-88.0% |
| Participation rate | 20.0% | 82.6%-62.6pp | 77.8%-57.8pp | 82.6%-62.6pp |
| Annual return | 0.00% | 3.26%-3.3pp | 1.83%-1.8pp | 519.81%-519.8pp |
| Employer contribution / active EE | $24 | $5,117-99.5% | $4,157-99.4% | $4,779-99.5% |
| Participant deferral / active EE | $3,498 | $6,075-42.4% | $5,277-33.7% | $5,609-37.6% |
| Admin fee / account holder | $9 | $11,472-99.9% | $9,110-99.9% | $10,828-99.9% |