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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 | $6,763 | $110,379-93.9% | $102,412-93.4% | $145,884-95.4% |
| Participation rate | 35.7% | 77.9%-42.2pp | 74.5%-38.8pp | 80.3%-44.6pp |
| Annual return | 0.00% | 24.84%-24.8pp | 24.94%-24.9pp | 551.85%-551.8pp |
| Employer contribution / active EE | $66 | $4,216-98.4% | $3,870-98.3% | $4,662-98.6% |
| Participant deferral / active EE | $3,266 | $5,622-41.9% | $5,060-35.5% | $6,690-51.2% |
| Admin fee / account holder | $215 | $9,745-97.8% | $8,388-97.4% | $13,392-98.4% |