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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 | $6,174 | $88,583-93.0% | $88,497-93.0% | $273,972-97.7% |
| Participation rate | 53.8% | 83.5%-29.6pp | 82.4%-28.6pp | 83.0%-29.2pp |
| Annual return | 0.00% | 5.68%-5.7pp | 7.63%-7.6pp | 41.46%-41.5pp |
| Employer contribution / active EE | $0 | $4,502-100.0% | $4,036-100.0% | $4,869-100.0% |
| Participant deferral / active EE | $3,277 | $4,891-33.0% | $4,899-33.1% | $5,287-38.0% |
| Admin fee / account holder | $1 | $8,980-100.0% | $6,220-100.0% | $10,133-100.0% |