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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 | $15,979 | $135,645-88.2% | $110,243-85.5% | $135,379-88.2% |
| Participation rate | 31.3% | 83.5%-52.2pp | 79.8%-48.6pp | 82.6%-51.4pp |
| Annual return | -7.46% | 513.24%-520.7pp | 314.76%-322.2pp | 519.79%-527.2pp |
| Employer contribution / active EE | $450 | $4,907-90.8% | $3,827-88.3% | $4,779-90.6% |
| Participant deferral / active EE | $2,741 | $5,507-50.2% | $4,672-41.3% | $5,609-51.1% |
| Admin fee / account holder | $144 | $11,458-98.7% | $8,548-98.3% | $10,828-98.7% |