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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 | $15,637 | $92,219-83.0% | $76,767-79.6% | $135,380-88.4% |
| Participation rate | 38.9% | 79.8%-40.9pp | 77.0%-38.1pp | 82.6%-43.8pp |
| Annual return | -4.05% | 5.46%-9.5pp | 2.43%-6.5pp | 519.81%-523.9pp |
| Employer contribution / active EE | $0 | $3,216-100.0% | $2,485-100.0% | $4,779-100.0% |
| Participant deferral / active EE | $1,994 | $4,508-55.8% | $3,852-48.2% | $5,609-64.4% |
| Admin fee / account holder | $226 | $10,749-97.9% | $6,675-96.6% | $10,828-97.9% |