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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 | $9,114 | $197,594-95.4% | $177,822-94.9% | $158,931-94.3% |
| Participation rate | 60.0% | 88.5%-28.5pp | 87.7%-27.7pp | 82.0%-22.0pp |
| Annual return | 0.00% | 58.76%-58.8pp | 48.32%-48.3pp | 302.86%-302.9pp |
| Employer contribution / active EE | $748 | $6,697-88.8% | $5,918-87.4% | $4,761-84.3% |
| Participant deferral / active EE | $4,052 | $8,405-51.8% | $7,714-47.5% | $5,982-32.3% |
| Admin fee / account holder | $5 | $15,400-100.0% | $12,428-100.0% | $11,247-100.0% |