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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 | $10,228 | $62,592-83.7% | $85,709-88.1% | $85,847-88.1% |
| Participation rate | 45.2% | 61.1%-15.9pp | 69.9%-24.6pp | 69.3%-24.1pp |
| Annual return | 20.25% | 23.77%-3.5pp | 21.49%-1.2pp | 318.61%-298.4pp |
| Employer contribution / active EE | $0 | $1,755-100.0% | $2,619-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $1,840 | $2,802-34.4% | $3,924-53.1% | $3,952-53.5% |
| Admin fee / account holder | $149 | $4,643-96.8% | $6,876-97.8% | $6,261-97.6% |