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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 | $11,405 | $112,915-89.9% | $90,965-87.5% | $158,950-92.8% |
| Participation rate | 28.6% | 74.7%-46.2pp | 69.0%-40.4pp | 82.0%-53.4pp |
| Annual return | 0.00% | 215.75%-215.8pp | 134.57%-134.6pp | 302.91%-302.9pp |
| Employer contribution / active EE | $244 | $2,894-91.6% | $2,122-88.5% | $4,762-94.9% |
| Participant deferral / active EE | $2,900 | $4,128-29.7% | $3,373-14.0% | $5,983-51.5% |
| Admin fee / account holder | $11 | $8,044-99.9% | $5,960-99.8% | $11,248-99.9% |