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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 | $2,455 | $104,937-97.7% | $84,628-97.1% | $152,897-98.4% |
| Participation rate | 68.8% | 74.8%-6.1pp | 68.2%+0.5pp | 82.5%-13.7pp |
| Annual return | 0.00% | 373.88%-373.9pp | 258.80%-258.8pp | 345.43%-345.4pp |
| Employer contribution / active EE | $265 | $3,303-92.0% | $2,653-90.0% | $4,764-94.4% |
| Participant deferral / active EE | $1,330 | $4,690-71.6% | $3,900-65.9% | $5,851-77.3% |
| Admin fee / account holder | $3 | $6,243-99.9% | $4,914-99.9% | $11,599-100.0% |