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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 | $1,666 | $40,275-95.9% | $57,356-97.1% | $59,633-97.2% |
| Participation rate | 33.3% | 69.1%-35.8pp | 75.1%-41.7pp | 68.7%-35.3pp |
| Annual return | 0.00% | 27.52%-27.5pp | 24.41%-24.4pp | 2041.45%-2041.5pp |
| Employer contribution / active EE | $0 | $1,921-100.0% | $2,689-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $764 | $2,400-68.2% | $3,162-75.8% | $3,192-76.1% |
| Admin fee / account holder | $61 | $2,820-97.8% | $3,357-98.2% | $4,297-98.6% |