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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 | $73,787-84.1% | $98,716-88.1% | $82,448-85.7% |
| Participation rate | 25.0% | 61.4%-36.4pp | 69.3%-44.3pp | 68.1%-43.1pp |
| Annual return | 30.16% | 18.57%+11.6pp | 31.81%-1.6pp | 41.64%-11.5pp |
| Employer contribution / active EE | $131 | $1,511-91.4% | $2,279-94.3% | $2,551-94.9% |
| Participant deferral / active EE | $0 | $3,081-100.0% | $4,048-100.0% | $4,139-100.0% |
| Admin fee / account holder | $22 | $6,500-99.7% | $8,703-99.7% | $7,234-99.7% |