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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 | $6,335 | $37,446-83.1% | $77,552-91.8% | $79,856-92.1% |
| Participation rate | 11.9% | 41.5%-29.6pp | 54.2%-42.3pp | 69.6%-57.7pp |
| Annual return | 27.41% | 39.76%-12.3pp | 54.82%-27.4pp | 31.71%-4.3pp |
| Employer contribution / active EE | $30 | $637-95.3% | $987-97.0% | $2,471-98.8% |
| Participant deferral / active EE | $409 | $1,261-67.6% | $1,861-78.0% | $3,741-89.1% |
| Admin fee / account holder | $41 | $2,506-98.4% | $2,859-98.6% | $5,306-99.2% |