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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 | $2,340 | $34,316-93.2% | $74,722-96.9% | $72,975-96.8% |
| Participation rate | 23.3% | 42.4%-19.1pp | 54.5%-31.1pp | 69.5%-46.2pp |
| Annual return | 0.00% | 26.58%-26.6pp | 753.11%-753.1pp | 81.01%-81.0pp |
| Employer contribution / active EE | $96 | $692-86.2% | $1,084-91.2% | $2,440-96.1% |
| Participant deferral / active EE | $518 | $1,272-59.3% | $1,963-73.6% | $3,608-85.7% |
| Admin fee / account holder | $0 | $2,125-100.0% | $3,335-100.0% | $5,124-100.0% |