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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 | $7,063 | $67,602-89.6% | $82,312-91.4% | $70,126-89.9% |
| Participation rate | 52.5% | 72.8%-20.3pp | 76.9%-24.4pp | 69.5%-17.0pp |
| Annual return | 15.88% | 21.57%-5.7pp | 25.88%-10.0pp | 73.15%-57.3pp |
| Employer contribution / active EE | $291 | $1,755-83.4% | $2,428-88.0% | $2,343-87.6% |
| Participant deferral / active EE | $1,651 | $2,987-44.7% | $3,706-55.5% | $3,332-50.5% |
| Admin fee / account holder | $0 | $4,512-100.0% | $5,608-100.0% | $4,645-100.0% |