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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 | $3,193 | $211,946-98.5% | $169,452-98.1% | $135,380-97.6% |
| Participation rate | 54.5% | 82.6%-28.1pp | 77.8%-23.2pp | 82.6%-28.1pp |
| Annual return | 0.00% | 3.26%-3.3pp | 1.83%-1.8pp | 519.81%-519.8pp |
| Employer contribution / active EE | $374 | $5,117-92.7% | $4,157-91.0% | $4,779-92.2% |
| Participant deferral / active EE | $1,804 | $6,075-70.3% | $5,277-65.8% | $5,609-67.8% |
| Admin fee / account holder | $6 | $11,472-100.0% | $9,110-99.9% | $10,828-99.9% |