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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 | $2,925 | $85,060-96.6% | $70,565-95.9% | $139,487-97.9% |
| Participation rate | 45.0% | 73.9%-28.9pp | 68.4%-23.4pp | 80.3%-35.3pp |
| Annual return | 0.00% | 30.39%-30.4pp | 32.79%-32.8pp | 373.84%-373.8pp |
| Employer contribution / active EE | $0 | $3,912-100.0% | $2,976-100.0% | $4,755-100.0% |
| Participant deferral / active EE | $1,218 | $5,891-79.3% | $4,568-73.3% | $6,713-81.9% |
| Admin fee / account holder | $5 | $8,932-99.9% | $6,430-99.9% | $11,407-100.0% |