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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 | $11,327 | $110,307-89.7% | $96,576-88.3% | $139,456-91.9% |
| Participation rate | 21.4% | 78.1%-56.7pp | 76.0%-54.5pp | 80.3%-58.9pp |
| Annual return | 0.00% | 26.40%-26.4pp | 25.87%-25.9pp | 373.45%-373.4pp |
| Employer contribution / active EE | $0 | $3,619-100.0% | $2,965-100.0% | $4,753-100.0% |
| Participant deferral / active EE | $2,254 | $5,547-59.4% | $4,851-53.5% | $6,711-66.4% |
| Admin fee / account holder | $5 | $11,597-100.0% | $8,253-99.9% | $11,407-100.0% |