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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 | $6,199 | $167,353-96.3% | $143,797-95.7% | $134,545-95.4% |
| Participation rate | 61.1% | 84.8%-23.7pp | 80.3%-19.2pp | 81.2%-20.1pp |
| Annual return | 0.00% | 0.48%-0.5pp | -0.04%0pp | 418.37%-418.4pp |
| Employer contribution / active EE | $799 | $5,620-85.8% | $4,952-83.9% | $4,742-83.2% |
| Participant deferral / active EE | $3,041 | $6,447-52.8% | $5,638-46.1% | $6,401-52.5% |
| Admin fee / account holder | $32 | $18,096-99.8% | $14,679-99.8% | $11,431-99.7% |