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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 | $3,176 | $65,434-95.1% | $98,483-96.8% | $85,847-96.3% |
| Participation rate | 62.1% | 65.0%-2.9pp | 73.3%-11.3pp | 69.3%-7.3pp |
| Annual return | 0.00% | 21.75%-21.8pp | 1494.38%-1494.4pp | 318.61%-318.6pp |
| Employer contribution / active EE | $0 | $2,169-100.0% | $2,961-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $2,583 | $3,168-18.4% | $4,276-39.6% | $3,952-34.6% |
| Admin fee / account holder | $185 | $4,595-96.0% | $5,953-96.9% | $6,261-97.0% |