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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 | $7,503 | $89,652-91.6% | $141,197-94.7% | $65,186-88.5% |
| Participation rate | 63.6% | 74.7%-11.1pp | 82.5%-18.8pp | 70.2%-6.6pp |
| Annual return | 0.00% | 32.79%-32.8pp | 71.41%-71.4pp | 29.39%-29.4pp |
| Employer contribution / active EE | $331 | $3,065-89.2% | $4,736-93.0% | $2,177-84.8% |
| Participant deferral / active EE | $2,882 | $5,691-49.4% | $6,710-57.1% | $3,514-18.0% |
| Admin fee / account holder | $17 | $569-97.0% | $10,265-99.8% | $847-98.0% |