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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 | $4,454 | $63,365-93.0% | $91,994-95.2% | $72,975-93.9% |
| Participation rate | 46.7% | 72.5%-25.8pp | 78.6%-32.0pp | 69.5%-22.8pp |
| Annual return | 41.30% | 35.35%+6.0pp | 69.04%-27.7pp | 81.01%-39.7pp |
| Employer contribution / active EE | $0 | $2,116-100.0% | $3,453-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $2,208 | $4,883-54.8% | $5,924-62.7% | $3,608-38.8% |
| Admin fee / account holder | $17 | $4,670-99.6% | $7,744-99.8% | $5,124-99.7% |