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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 | $3,470 | $58,523-94.1% | $99,475-96.5% | $72,975-95.2% |
| Participation rate | 52.0% | 64.6%-12.6pp | 73.8%-21.8pp | 69.5%-17.5pp |
| Annual return | 335.12% | 28.51%+306.6pp | 30.72%+304.4pp | 81.01%+254.1pp |
| Employer contribution / active EE | $0 | $1,512-100.0% | $2,540-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,931 | $2,606-25.9% | $3,619-46.6% | $3,608-46.5% |
| Admin fee / account holder | $42 | $4,102-99.0% | $6,252-99.3% | $5,124-99.2% |