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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 | $18,088 | $138,076-86.9% | $123,553-85.4% | $135,380-86.6% |
| Participation rate | 61.5% | 84.7%-23.2pp | 82.3%-20.8pp | 82.6%-21.1pp |
| Annual return | 0.00% | 153.70%-153.7pp | 119.21%-119.2pp | 519.81%-519.8pp |
| Employer contribution / active EE | $814 | $5,152-84.2% | $4,628-82.4% | $4,779-83.0% |
| Participant deferral / active EE | $3,738 | $6,800-45.0% | $6,426-41.8% | $5,609-33.4% |
| Admin fee / account holder | $145 | $10,917-98.7% | $9,284-98.4% | $10,828-98.7% |