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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 | $10,230 | $117,895-91.3% | $102,460-90.0% | $145,897-93.0% |
| Participation rate | 68.4% | 78.6%-10.2pp | 76.5%-8.1pp | 80.3%-11.9pp |
| Annual return | 17.20% | 31.92%-14.7pp | 29.47%-12.3pp | 552.29%-535.1pp |
| Employer contribution / active EE | $0 | $3,619-100.0% | $3,025-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $2,257 | $5,736-60.7% | $5,056-55.4% | $6,689-66.3% |
| Admin fee / account holder | $55 | $13,353-99.6% | $9,460-99.4% | $13,390-99.6% |