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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 | $1,116 | $29,716-96.2% | $56,077-98.0% | $80,925-98.6% |
| Participation rate | 25.8% | 41.7%-15.9pp | 52.5%-26.7pp | 67.7%-41.8pp |
| Annual return | 16.55% | 35.30%-18.7pp | 1709.28%-1692.7pp | 35.65%-19.1pp |
| Employer contribution / active EE | $0 | $671-100.0% | $1,040-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $369 | $1,228-70.0% | $1,954-81.1% | $4,299-91.4% |
| Admin fee / account holder | $226 | $2,432-90.7% | $2,825-92.0% | $6,940-96.7% |