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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 | $5,201 | $48,570-89.3% | $130,660-96.0% | $72,975-92.9% |
| Participation rate | 41.9% | 58.6%-16.7pp | 71.7%-29.9pp | 69.5%-27.6pp |
| Annual return | 33.08% | 38.63%-5.5pp | 1709.29%-1676.2pp | 81.01%-47.9pp |
| Employer contribution / active EE | $279 | $1,334-79.1% | $4,092-93.2% | $2,440-88.6% |
| Participant deferral / active EE | $1,172 | $2,384-50.8% | $3,603-67.5% | $3,608-67.5% |
| Admin fee / account holder | $128 | $3,549-96.4% | $5,463-97.7% | $5,124-97.5% |