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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 | $5,746 | $106,280-94.6% | $96,538-94.0% | $139,487-95.9% |
| Participation rate | 46.2% | 77.8%-31.7pp | 74.3%-28.2pp | 80.3%-34.2pp |
| Annual return | 36.10% | 38.48%-2.4pp | 35.74%+0.4pp | 373.84%-337.7pp |
| Employer contribution / active EE | $0 | $4,107-100.0% | $3,740-100.0% | $4,755-100.0% |
| Participant deferral / active EE | $1,991 | $5,457-63.5% | $4,880-59.2% | $6,713-70.3% |
| Admin fee / account holder | $124 | $7,888-98.4% | $6,737-98.2% | $11,407-98.9% |