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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 | $2,737 | $43,730-93.7% | $121,220-97.7% | $64,173-95.7% |
| Participation rate | 34.3% | 58.3%-24.0pp | 71.8%-37.4pp | 69.6%-35.2pp |
| Annual return | 0.00% | 68.94%-68.9pp | 16.94%-16.9pp | 7.63%-7.6pp |
| Employer contribution / active EE | $201 | $1,297-84.5% | $4,023-95.0% | $2,381-91.6% |
| Participant deferral / active EE | $907 | $2,281-60.3% | $3,345-72.9% | $3,470-73.9% |
| Admin fee / account holder | $32 | $3,502-99.1% | $5,021-99.4% | $4,887-99.3% |