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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 | $6,031 | $75,962-92.1% | $154,111-96.1% | $64,173-90.6% |
| Participation rate | 59.1% | 70.4%-11.3pp | 83.0%-23.9pp | 69.6%-10.5pp |
| Annual return | -0.95% | 30.32%-31.3pp | 735.18%-736.1pp | 7.63%-8.6pp |
| Employer contribution / active EE | $0 | $3,350-100.0% | $5,298-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $994 | $3,175-68.7% | $5,081-80.4% | $3,470-71.4% |
| Admin fee / account holder | $135 | $5,589-97.6% | $13,411-99.0% | $4,887-97.2% |