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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 | $7,540 | $48,078-84.3% | $78,676-90.4% | $62,881-88.0% |
| Participation rate | 26.9% | 65.2%-38.3pp | 73.6%-46.6pp | 69.3%-42.4pp |
| Annual return | 0.00% | 31.36%-31.4pp | 62.19%-62.2pp | 20.14%-20.1pp |
| Employer contribution / active EE | $123 | $2,015-93.9% | $2,850-95.7% | $2,281-94.6% |
| Participant deferral / active EE | $1,888 | $2,587-27.0% | $3,517-46.3% | $3,203-41.1% |
| Admin fee / account holder | $0 | $3,206-100.0% | $4,510-100.0% | $4,296-100.0% |