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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 | $3,369 | $52,279-93.6% | $89,435-96.2% | $79,856-95.8% |
| Participation rate | 45.0% | 57.5%-12.5pp | 68.0%-23.0pp | 69.6%-24.6pp |
| Annual return | 45.93% | 22.16%+23.8pp | 245.55%-199.6pp | 31.71%+14.2pp |
| Employer contribution / active EE | $0 | $1,572-100.0% | $2,587-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,014 | $2,740-26.5% | $3,890-48.2% | $3,741-46.2% |
| Admin fee / account holder | $64 | $3,356-98.1% | $4,884-98.7% | $5,306-98.8% |