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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 | $4,325 | $56,054-92.3% | $171,082-97.5% | $62,881-93.1% |
| Participation rate | 35.9% | 62.9%-27.0pp | 76.7%-40.8pp | 69.3%-33.4pp |
| Annual return | 0.00% | 22.52%-22.5pp | 32.56%-32.6pp | 20.14%-20.1pp |
| Employer contribution / active EE | $250 | $1,731-85.5% | $4,002-93.7% | $2,281-89.0% |
| Participant deferral / active EE | $1,507 | $3,158-52.3% | $4,797-68.6% | $3,203-53.0% |
| Admin fee / account holder | $42 | $3,647-98.9% | $8,520-99.5% | $4,296-99.0% |