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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 | $7,461 | $73,107-89.8% | $114,563-93.5% | $87,485-91.5% |
| Participation rate | 32.7% | 65.8%-33.1pp | 72.9%-40.2pp | 68.9%-36.3pp |
| Annual return | 21.82% | 19.47%+2.4pp | 241.09%-219.3pp | 26.06%-4.2pp |
| Employer contribution / active EE | $0 | $1,881-100.0% | $2,592-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $1,103 | $3,144-64.9% | $4,142-73.4% | $4,274-74.2% |
| Admin fee / account holder | $33 | $5,770-99.4% | $7,623-99.6% | $7,775-99.6% |