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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 | $7,224 | $118,467-93.9% | $98,450-92.7% | $139,456-94.8% |
| Participation rate | 47.1% | 77.5%-30.4pp | 75.2%-28.1pp | 80.3%-33.3pp |
| Annual return | 22.43% | 18.95%+3.5pp | 21.16%+1.3pp | 373.45%-351.0pp |
| Employer contribution / active EE | $0 | $3,611-100.0% | $3,049-100.0% | $4,753-100.0% |
| Participant deferral / active EE | $1,534 | $5,393-71.6% | $4,739-67.6% | $6,711-77.1% |
| Admin fee / account holder | $289 | $14,057-97.9% | $8,961-96.8% | $11,407-97.5% |