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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 | $4,982 | $91,037-94.5% | $71,671-93.0% | $147,586-96.6% |
| Participation rate | 66.7% | 76.1%-9.5pp | 68.7%-2.1pp | 82.8%-16.2pp |
| Annual return | 35.02% | 20.48%+14.5pp | 20.65%+14.4pp | 578.59%-543.6pp |
| Employer contribution / active EE | $0 | $3,327-100.0% | $2,460-100.0% | $4,876-100.0% |
| Participant deferral / active EE | $2,166 | $4,498-51.8% | $3,438-37.0% | $5,439-60.2% |
| Admin fee / account holder | $215 | $8,613-97.5% | $5,558-96.1% | $10,886-98.0% |