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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 | $7,182 | $156,897-95.4% | $121,147-94.1% | $139,427-94.8% |
| Participation rate | 6.3% | 76.4%-70.2pp | 69.5%-63.3pp | 80.3%-74.1pp |
| Annual return | 0.00% | 1475.10%-1475.1pp | 986.30%-986.3pp | 373.27%-373.3pp |
| Employer contribution / active EE | $0 | $5,539-100.0% | $4,166-100.0% | $4,752-100.0% |
| Participant deferral / active EE | $424 | $4,846-91.2% | $4,081-89.6% | $6,711-93.7% |
| Admin fee / account holder | $137 | $6,948-98.0% | $5,646-97.6% | $11,404-98.8% |