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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 | $11,963 | $84,236-85.8% | $170,435-93.0% | $70,126-82.9% |
| Participation rate | 8.2% | 70.8%-62.6pp | 83.6%-75.4pp | 69.5%-61.3pp |
| Annual return | 110.36% | 23.06%+87.3pp | 205.94%-95.6pp | 73.15%+37.2pp |
| Employer contribution / active EE | $0 | $3,387-100.0% | $5,432-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $841 | $3,086-72.7% | $4,939-83.0% | $3,332-74.8% |
| Admin fee / account holder | $26 | $5,698-99.6% | $13,881-99.8% | $4,645-99.4% |