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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 | $7,706 | $56,134-86.3% | $96,192-92.0% | $85,851-91.0% |
| Participation rate | 47.4% | 56.7%-9.3pp | 68.4%-21.1pp | 69.3%-22.0pp |
| Annual return | 44.73% | 42.30%+2.4pp | 192.09%-147.4pp | 318.63%-273.9pp |
| Employer contribution / active EE | $0 | $1,620-100.0% | $2,799-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $959 | $2,858-66.4% | $4,351-78.0% | $3,952-75.7% |
| Admin fee / account holder | $68 | $3,769-98.2% | $5,539-98.8% | $6,261-98.9% |