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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 | $5,165 | $75,962-93.2% | $154,108-96.6% | $64,173-92.0% |
| Participation rate | 23.1% | 70.4%-47.3pp | 83.0%-60.0pp | 69.6%-46.5pp |
| Annual return | 0.00% | 30.32%-30.3pp | 735.21%-735.2pp | 7.63%-7.6pp |
| Employer contribution / active EE | $365 | $3,350-89.1% | $5,298-93.1% | $2,381-84.7% |
| Participant deferral / active EE | $971 | $3,175-69.4% | $5,081-80.9% | $3,470-72.0% |
| Admin fee / account holder | $230 | $5,589-95.9% | $13,411-98.3% | $4,887-95.3% |