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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 | $6,270 | $102,638-93.9% | $81,982-92.4% | $158,982-96.1% |
| Participation rate | 44.4% | 75.5%-31.1pp | 69.3%-24.8pp | 82.0%-37.5pp |
| Annual return | 28.00% | 61.05%-33.1pp | 41.31%-13.3pp | 302.99%-275.0pp |
| Employer contribution / active EE | $0 | $3,241-100.0% | $2,498-100.0% | $4,763-100.0% |
| Participant deferral / active EE | $1,297 | $4,649-72.1% | $3,722-65.2% | $5,983-78.3% |
| Admin fee / account holder | $25 | $8,237-99.7% | $5,665-99.6% | $11,252-99.8% |