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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 | $15,886 | $92,219-82.8% | $76,767-79.3% | $135,380-88.3% |
| Participation rate | 50.0% | 79.8%-29.8pp | 77.0%-27.0pp | 82.6%-32.6pp |
| Annual return | -6.87% | 5.46%-12.3pp | 2.43%-9.3pp | 519.81%-526.7pp |
| Employer contribution / active EE | $0 | $3,216-100.0% | $2,485-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $2,346 | $4,508-48.0% | $3,852-39.1% | $5,609-58.2% |
| Admin fee / account holder | $210 | $10,749-98.0% | $6,675-96.9% | $10,828-98.1% |