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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 | $16,251 | $184,000-91.2% | $162,185-90.0% | $152,909-89.4% |
| Participation rate | 22.2% | 88.5%-66.3pp | 87.6%-65.3pp | 82.5%-60.2pp |
| Annual return | 0.00% | 150.80%-150.8pp | 115.61%-115.6pp | 345.46%-345.5pp |
| Employer contribution / active EE | $0 | $6,370-100.0% | $5,613-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $3,432 | $8,033-57.3% | $7,297-53.0% | $5,851-41.3% |
| Admin fee / account holder | $16 | $13,124-99.9% | $10,844-99.9% | $11,601-99.9% |