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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 | $6,351 | $46,599-86.4% | $64,101-90.1% | $75,173-91.6% |
| Participation rate | 57.7% | 65.9%-8.2pp | 72.3%-14.6pp | 67.2%-9.5pp |
| Annual return | 24.94% | 26.06%-1.1pp | 33.72%-8.8pp | 160.72%-135.8pp |
| Employer contribution / active EE | $0 | $1,975-100.0% | $2,749-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $1,799 | $2,837-36.6% | $3,881-53.6% | $4,126-56.4% |
| Admin fee / account holder | $276 | $2,956-90.7% | $3,070-91.0% | $5,651-95.1% |