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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 | $8,643 | $95,975-91.0% | $74,549-88.4% | $135,379-93.6% |
| Participation rate | 58.8% | 75.7%-16.8pp | 69.1%-10.3pp | 82.6%-23.8pp |
| Annual return | 26.14% | 56.96%-30.8pp | 32.53%-6.4pp | 519.79%-493.7pp |
| Employer contribution / active EE | $0 | $2,716-100.0% | $1,961-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $1,485 | $3,844-61.4% | $3,108-52.2% | $5,609-73.5% |
| Admin fee / account holder | $276 | $6,522-95.8% | $5,059-94.6% | $10,828-97.5% |