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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 | $9,654 | $58,726-83.6% | $142,898-93.2% | $85,851-88.8% |
| Participation rate | 44.8% | 58.5%-13.7pp | 72.0%-27.1pp | 69.3%-24.5pp |
| Annual return | 17.67% | 27.73%-10.1pp | 5639.64%-5622.0pp | 318.63%-301.0pp |
| Employer contribution / active EE | $204 | $1,424-85.6% | $4,146-95.1% | $2,565-92.0% |
| Participant deferral / active EE | $994 | $2,609-61.9% | $3,838-74.1% | $3,952-74.8% |
| Admin fee / account holder | $30 | $4,234-99.3% | $6,560-99.5% | $6,261-99.5% |