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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 | $4,626 | $82,288-94.4% | $68,794-93.3% | $134,509-96.6% |
| Participation rate | 46.2% | 75.1%-28.9pp | 69.0%-22.9pp | 81.2%-35.1pp |
| Annual return | 0.00% | -2.19%+2.2pp | -6.37%+6.4pp | 418.13%-418.1pp |
| Employer contribution / active EE | $63 | $3,301-98.1% | $2,656-97.6% | $4,741-98.7% |
| Participant deferral / active EE | $2,150 | $4,738-54.6% | $3,941-45.5% | $6,400-66.4% |
| Admin fee / account holder | $10 | $6,482-99.8% | $4,934-99.8% | $11,427-99.9% |