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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 | $11,086 | $97,732-88.7% | $83,831-86.8% | $135,380-91.8% |
| Participation rate | 53.8% | 80.0%-26.1pp | 76.1%-22.3pp | 82.6%-28.8pp |
| Annual return | -6.17% | 1287.56%-1293.7pp | 850.99%-857.2pp | 519.81%-526.0pp |
| Employer contribution / active EE | $0 | $4,222-100.0% | $3,631-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $1,334 | $4,683-71.5% | $4,082-67.3% | $5,609-76.2% |
| Admin fee / account holder | $23 | $6,675-99.7% | $5,479-99.6% | $10,828-99.8% |