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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 | $11,767 | $76,834-84.7% | $108,359-89.1% | $87,485-86.5% |
| Participation rate | 25.0% | 61.7%-36.7pp | 70.1%-45.1pp | 68.9%-43.9pp |
| Annual return | 30.16% | 19.09%+11.1pp | 36.89%-6.7pp | 26.06%+4.1pp |
| Employer contribution / active EE | $131 | $1,556-91.6% | $2,399-94.6% | $2,596-95.0% |
| Participant deferral / active EE | $0 | $3,100-100.0% | $4,137-100.0% | $4,274-100.0% |
| Admin fee / account holder | $22 | $6,537-99.7% | $9,741-99.8% | $7,775-99.7% |