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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 | $7,190 | $136,307-94.7% | $106,619-93.3% | $273,972-97.4% |
| Participation rate | 55.6% | 84.8%-29.2pp | 78.0%-22.4pp | 83.0%-27.5pp |
| Annual return | 0.00% | 11.05%-11.1pp | 9.42%-9.4pp | 41.46%-41.5pp |
| Employer contribution / active EE | $781 | $5,190-85.0% | $3,947-80.2% | $4,869-84.0% |
| Participant deferral / active EE | $1,280 | $4,969-74.2% | $3,930-67.4% | $5,287-75.8% |
| Admin fee / account holder | $27 | $8,625-99.7% | $6,418-99.6% | $10,133-99.7% |