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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 | $2,973 | $78,682-96.2% | $109,188-97.3% | $85,851-96.5% |
| Participation rate | 69.1% | 68.3%+0.8pp | 75.9%-6.8pp | 69.3%-0.2pp |
| Annual return | 0.00% | 25.09%-25.1pp | 25.76%-25.8pp | 318.63%-318.6pp |
| Employer contribution / active EE | $448 | $2,734-83.6% | $3,723-88.0% | $2,565-82.5% |
| Participant deferral / active EE | $1,584 | $3,468-54.3% | $4,654-66.0% | $3,952-59.9% |
| Admin fee / account holder | $10 | $5,470-99.8% | $6,755-99.8% | $6,261-99.8% |