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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 | $1,733 | $103,038-98.3% | $90,324-98.1% | $152,909-98.9% |
| Participation rate | 53.3% | 75.9%-22.5pp | 73.3%-19.9pp | 82.5%-29.1pp |
| Annual return | 73.53% | 95.25%-21.7pp | 78.15%-4.6pp | 345.46%-271.9pp |
| Employer contribution / active EE | $0 | $3,141-100.0% | $2,856-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $808 | $4,282-81.1% | $3,885-79.2% | $5,851-86.2% |
| Admin fee / account holder | $81 | $6,177-98.7% | $5,356-98.5% | $11,601-99.3% |