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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 | $1,686 | $46,877-96.4% | $122,354-98.6% | $70,126-97.6% |
| Participation rate | 60.9% | 58.2%+2.7pp | 71.6%-10.8pp | 69.5%-8.7pp |
| Annual return | 48.95% | 24.22%+24.7pp | 30.28%+18.7pp | 73.15%-24.2pp |
| Employer contribution / active EE | $0 | $1,288-100.0% | $4,051-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $1,540 | $2,167-29.0% | $3,287-53.2% | $3,332-53.8% |
| Admin fee / account holder | $21 | $3,324-99.4% | $5,479-99.6% | $4,645-99.5% |