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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 | $7,102 | $78,672-91.0% | $109,163-93.5% | $85,856-91.7% |
| Participation rate | 58.6% | 68.3%-9.7pp | 75.9%-17.3pp | 69.3%-10.7pp |
| Annual return | 12.00% | 25.09%-13.1pp | 25.75%-13.8pp | 318.58%-306.6pp |
| Employer contribution / active EE | $79 | $2,734-97.1% | $3,723-97.9% | $2,565-96.9% |
| Participant deferral / active EE | $1,546 | $3,467-55.4% | $4,654-66.8% | $3,952-60.9% |
| Admin fee / account holder | $221 | $5,470-96.0% | $6,754-96.7% | $6,261-96.5% |