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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 | $4,313 | $60,352-92.9% | $74,185-94.2% | $62,881-93.1% |
| Participation rate | 48.0% | 72.7%-24.7pp | 76.6%-28.6pp | 69.3%-21.3pp |
| Annual return | 50.84% | 21.37%+29.5pp | 17.74%+33.1pp | 20.14%+30.7pp |
| Employer contribution / active EE | $298 | $1,680-82.2% | $2,370-87.4% | $2,281-86.9% |
| Participant deferral / active EE | $1,348 | $2,856-52.8% | $3,550-62.0% | $3,203-57.9% |
| Admin fee / account holder | $0 | $4,261-100.0% | $5,586-100.0% | $4,296-100.0% |