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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 | $3,744 | $95,580-96.1% | $76,872-95.1% | $139,466-97.3% |
| Participation rate | 39.1% | 74.0%-34.8pp | 69.6%-30.5pp | 80.3%-41.2pp |
| Annual return | 70.22% | 55.00%+15.2pp | 37.90%+32.3pp | 373.66%-303.4pp |
| Employer contribution / active EE | $0 | $3,145-100.0% | $2,533-100.0% | $4,754-100.0% |
| Participant deferral / active EE | $1,738 | $4,623-62.4% | $3,832-54.6% | $6,712-74.1% |
| Admin fee / account holder | $7 | $8,302-99.9% | $5,476-99.9% | $11,409-99.9% |