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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 | $2,597 | $43,133-94.0% | $89,435-97.1% | $73,497-96.5% |
| Participation rate | 46.0% | 55.0%-9.0pp | 68.0%-22.0pp | 70.7%-24.7pp |
| Annual return | 29.50% | 135.66%-106.2pp | 245.55%-216.1pp | 28.51%+1.0pp |
| Employer contribution / active EE | $0 | $1,438-100.0% | $2,587-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $921 | $2,445-62.3% | $3,890-76.3% | $3,740-75.4% |
| Admin fee / account holder | $211 | $444-52.5% | $4,884-95.7% | $513-58.9% |