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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 | $4,047 | $60,139-93.3% | $90,461-95.5% | $79,856-94.9% |
| Participation rate | 48.8% | 65.0%-16.2pp | 72.7%-23.9pp | 69.6%-20.9pp |
| Annual return | 108.93% | 71.96%+37.0pp | 1294.76%-1185.8pp | 31.71%+77.2pp |
| Employer contribution / active EE | $121 | $2,069-94.1% | $3,264-96.3% | $2,471-95.1% |
| Participant deferral / active EE | $1,580 | $2,939-46.2% | $3,964-60.1% | $3,741-57.8% |
| Admin fee / account holder | $81 | $3,978-98.0% | $5,617-98.6% | $5,306-98.5% |