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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 | $12,367 | $50,554-75.5% | $67,681-81.7% | $87,485-85.9% |
| Participation rate | 46.9% | 67.7%-20.8pp | 73.7%-26.9pp | 68.9%-22.1pp |
| Annual return | 20.68% | 17.81%+2.9pp | 590.58%-569.9pp | 26.06%-5.4pp |
| Employer contribution / active EE | $0 | $1,988-100.0% | $2,678-100.0% | $2,596-100.0% |
| Participant deferral / active EE | $1,647 | $2,961-44.4% | $3,976-58.6% | $4,274-61.5% |
| Admin fee / account holder | $20 | $4,132-99.5% | $6,100-99.7% | $7,775-99.7% |