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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 | $19,765 | $67,411-70.7% | $91,004-78.3% | $70,126-71.8% |
| Participation rate | 66.7% | 71.4%-4.7pp | 75.6%-8.9pp | 69.5%-2.9pp |
| Annual return | 22.91% | -40.16%+63.1pp | 4.60%+18.3pp | 73.15%-50.2pp |
| Employer contribution / active EE | $0 | $1,786-100.0% | $2,456-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $5,406 | $2,823+91.5% | $3,548+52.4% | $3,332+62.2% |
| Admin fee / account holder | $120 | $4,236-97.2% | $5,417-97.8% | $4,645-97.4% |