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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 | $9,511 | $95,406-90.0% | $185,849-94.9% | $85,847-88.9% |
| Participation rate | 22.2% | 68.8%-46.5pp | 81.7%-59.5pp | 69.3%-47.1pp |
| Annual return | 39.54% | 23.59%+15.9pp | 122.10%-82.6pp | 318.61%-279.1pp |
| Employer contribution / active EE | $0 | $3,314-100.0% | $5,169-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $1,766 | $3,424-48.4% | $5,569-68.3% | $3,952-55.3% |
| Admin fee / account holder | $33 | $7,214-99.5% | $16,244-99.8% | $6,261-99.5% |