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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 | $3,764 | $110,410-96.6% | $102,437-96.3% | $145,897-97.4% |
| Participation rate | 66.7% | 77.9%-11.3pp | 74.5%-7.8pp | 80.3%-13.6pp |
| Annual return | 15.24% | 24.85%-9.6pp | 24.95%-9.7pp | 552.29%-537.1pp |
| Employer contribution / active EE | $0 | $4,217-100.0% | $3,871-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $1,704 | $5,622-69.7% | $5,060-66.3% | $6,689-74.5% |
| Admin fee / account holder | $22 | $9,745-99.8% | $8,388-99.7% | $13,390-99.8% |