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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 | $6,498 | $140,592-95.4% | $123,105-94.7% | $125,389-94.8% |
| Participation rate | 53.3% | 88.2%-34.9pp | 86.8%-33.4pp | 83.2%-29.9pp |
| Annual return | 0.00% | 16.80%-16.8pp | 13.22%-13.2pp | 282.24%-282.2pp |
| Employer contribution / active EE | $0 | $6,041-100.0% | $5,151-100.0% | $4,866-100.0% |
| Participant deferral / active EE | $4,503 | $6,980-35.5% | $6,229-27.7% | $5,352-15.9% |
| Admin fee / account holder | $96 | $11,198-99.1% | $9,014-98.9% | $9,541-99.0% |