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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 | $1,912 | $48,053-96.0% | $84,637-97.7% | $72,976-97.4% |
| Participation rate | 34.5% | 57.6%-23.1pp | 68.2%-33.8pp | 69.5%-35.0pp |
| Annual return | 73.31% | 37.39%+35.9pp | 258.82%-185.5pp | 81.02%-7.7pp |
| Employer contribution / active EE | $0 | $1,602-100.0% | $2,653-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $784 | $2,681-70.8% | $3,900-79.9% | $3,608-78.3% |
| Admin fee / account holder | $55 | $3,395-98.4% | $4,914-98.9% | $5,124-98.9% |