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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 | $111,814-94.0% | $103,378-93.5% | $145,978-95.4% |
| Participation rate | 35.7% | 77.9%-42.2pp | 74.5%-38.8pp | 80.3%-44.6pp |
| Annual return | 0.00% | 24.80%-24.8pp | 24.91%-24.9pp | 550.52%-550.5pp |
| Employer contribution / active EE | $66 | $4,215-98.4% | $3,870-98.3% | $4,662-98.6% |
| Participant deferral / active EE | $3,266 | $5,618-41.9% | $5,058-35.4% | $6,690-51.2% |
| Admin fee / account holder | $215 | $9,764-97.8% | $8,401-97.4% | $13,400-98.4% |