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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 | $4,984 | $83,337-94.0% | $67,834-92.7% | $273,972-98.2% |
| Participation rate | 61.9% | 76.4%-14.5pp | 68.8%-6.9pp | 83.0%-21.1pp |
| Annual return | 2.79% | 259.45%-256.7pp | 138.47%-135.7pp | 41.46%-38.7pp |
| Employer contribution / active EE | $0 | $3,287-100.0% | $2,403-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $1,045 | $4,088-74.4% | $3,160-66.9% | $5,287-80.2% |
| Admin fee / account holder | $266 | $6,752-96.1% | $4,622-94.2% | $10,133-97.4% |