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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 | $13,328 | $90,590-85.3% | $90,782-85.3% | $135,379-90.2% |
| Participation rate | 66.7% | 83.7%-17.1pp | 82.7%-16.0pp | 82.6%-16.0pp |
| Annual return | 0.00% | -3.40%+3.4pp | -3.42%+3.4pp | 519.79%-519.8pp |
| Employer contribution / active EE | $1,065 | $4,352-75.5% | $4,105-74.1% | $4,779-77.7% |
| Participant deferral / active EE | $8,387 | $5,407+55.1% | $5,366+56.3% | $5,609+49.5% |
| Admin fee / account holder | $5 | $7,683-99.9% | $5,908-99.9% | $10,828-100.0% |