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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 | $14,692 | $198,457-92.6% | $170,435-91.4% | $147,586-90.0% |
| Participation rate | 52.6% | 88.0%-35.3pp | 83.6%-31.0pp | 82.8%-30.2pp |
| Annual return | 0.00% | 257.30%-257.3pp | 205.94%-205.9pp | 578.59%-578.6pp |
| Employer contribution / active EE | $1,080 | $6,183-82.5% | $5,432-80.1% | $4,876-77.9% |
| Participant deferral / active EE | $3,805 | $5,629-32.4% | $4,939-23.0% | $5,439-30.0% |
| Admin fee / account holder | $48 | $16,852-99.7% | $13,881-99.7% | $10,886-99.6% |