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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 | $12,843 | $168,636-92.4% | $147,618-91.3% | $125,388-89.8% |
| Participation rate | 46.2% | 88.8%-42.6pp | 84.6%-38.5pp | 83.2%-37.0pp |
| Annual return | -2.73% | 77.65%-80.4pp | 61.98%-64.7pp | 282.24%-285.0pp |
| Employer contribution / active EE | $572 | $6,252-90.8% | $5,565-89.7% | $4,866-88.2% |
| Participant deferral / active EE | $4,241 | $5,507-23.0% | $4,895-13.4% | $5,352-20.8% |
| Admin fee / account holder | $0 | $13,580-100.0% | $11,612-100.0% | $9,541-100.0% |