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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 | $5,528 | $65,555-91.6% | $86,216-93.6% | $75,173-92.6% |
| Participation rate | 54.5% | 60.5%-5.9pp | 69.0%-14.4pp | 67.2%-12.7pp |
| Annual return | 22.62% | 46.07%-23.4pp | 1169.42%-1146.8pp | 160.72%-138.1pp |
| Employer contribution / active EE | $121 | $1,553-92.2% | $2,382-94.9% | $2,671-95.5% |
| Participant deferral / active EE | $1,253 | $3,023-58.6% | $3,986-68.6% | $4,126-69.6% |
| Admin fee / account holder | $109 | $5,469-98.0% | $6,853-98.4% | $5,651-98.1% |