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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 | $2,643 | $43,338-93.9% | $59,887-95.6% | $64,173-95.9% |
| Participation rate | 34.6% | 69.2%-34.5pp | 74.7%-40.1pp | 69.6%-35.0pp |
| Annual return | 0.00% | -1.55%+1.6pp | 3.46%-3.5pp | 7.63%-7.6pp |
| Employer contribution / active EE | $91 | $2,030-95.5% | $2,722-96.7% | $2,381-96.2% |
| Participant deferral / active EE | $909 | $2,547-64.3% | $3,402-73.3% | $3,470-73.8% |
| Admin fee / account holder | $12 | $3,007-99.6% | $3,591-99.7% | $4,887-99.8% |