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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 | $11,632 | $167,353-93.0% | $143,797-91.9% | $134,545-91.4% |
| Participation rate | 37.5% | 84.8%-47.3pp | 80.3%-42.8pp | 81.2%-43.7pp |
| Annual return | 0.00% | 0.48%-0.5pp | -0.04%0pp | 418.37%-418.4pp |
| Employer contribution / active EE | $728 | $5,620-87.1% | $4,952-85.3% | $4,742-84.7% |
| Participant deferral / active EE | $3,848 | $6,447-40.3% | $5,638-31.8% | $6,401-39.9% |
| Admin fee / account holder | $9 | $18,096-100.0% | $14,679-99.9% | $11,431-99.9% |