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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 | $6,533 | $70,418-90.7% | $96,570-93.2% | $85,847-92.4% |
| Participation rate | 68.3% | 61.8%+6.5pp | 69.8%-1.5pp | 69.3%-1.0pp |
| Annual return | 12.93% | 18.59%-5.7pp | 37.79%-24.9pp | 318.61%-305.7pp |
| Employer contribution / active EE | $0 | $1,413-100.0% | $2,357-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $1,918 | $2,894-33.7% | $3,849-50.2% | $3,952-51.5% |
| Admin fee / account holder | $131 | $4,995-97.4% | $6,182-97.9% | $6,261-97.9% |