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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 | $3,593 | $73,546-95.1% | $63,018-94.3% | $147,586-97.6% |
| Participation rate | 61.9% | 77.9%-16.0pp | 74.8%-12.9pp | 82.8%-20.9pp |
| Annual return | 0.00% | 175.56%-175.6pp | 87.62%-87.6pp | 578.59%-578.6pp |
| Employer contribution / active EE | $281 | $3,324-91.6% | $2,761-89.8% | $4,876-94.2% |
| Participant deferral / active EE | $2,012 | $4,185-51.9% | $3,330-39.6% | $5,439-63.0% |
| Admin fee / account holder | $0 | $5,956-100.0% | $3,601-100.0% | $10,886-100.0% |