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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 | $4,504 | $65,367-93.1% | $92,915-95.2% | $72,976-93.8% |
| Participation rate | 62.7% | 68.3%-5.6pp | 76.0%-13.3pp | 69.5%-6.8pp |
| Annual return | 31.41% | 42.11%-10.7pp | 109.45%-78.0pp | 81.02%-49.6pp |
| Employer contribution / active EE | $0 | $2,594-100.0% | $3,653-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,910 | $3,128-39.0% | $4,238-54.9% | $3,608-47.1% |
| Admin fee / account holder | $116 | $4,251-97.3% | $5,796-98.0% | $5,124-97.7% |