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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 | $9,396 | $115,814-91.9% | $101,275-90.7% | $158,982-94.1% |
| Participation rate | 20.0% | 79.4%-59.4pp | 75.8%-55.8pp | 82.0%-62.0pp |
| Annual return | 0.00% | 56.16%-56.2pp | 46.48%-46.5pp | 302.99%-303.0pp |
| Employer contribution / active EE | $158 | $4,176-96.2% | $3,660-95.7% | $4,763-96.7% |
| Participant deferral / active EE | $9,170 | $4,958+85.0% | $4,371+109.8% | $5,983+53.3% |
| Admin fee / account holder | $6 | $7,249-99.9% | $5,948-99.9% | $11,252-99.9% |