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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 | $6,670 | $75,962-91.2% | $154,111-95.7% | $64,173-89.6% |
| Participation rate | 67.4% | 70.4%-3.0pp | 83.0%-15.6pp | 69.6%-2.1pp |
| Annual return | 416.47% | 30.32%+386.1pp | 735.18%-318.7pp | 7.63%+408.8pp |
| Employer contribution / active EE | $0 | $3,350-100.0% | $5,298-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $3,023 | $3,175-4.8% | $5,081-40.5% | $3,470-12.9% |
| Admin fee / account holder | $69 | $5,589-98.8% | $13,411-99.5% | $4,887-98.6% |