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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 | $8,974 | $111,878-92.0% | $93,727-90.4% | $145,897-93.8% |
| Participation rate | 27.3% | 74.2%-46.9pp | 68.7%-41.4pp | 80.3%-53.0pp |
| Annual return | 64.65% | 204.28%-139.6pp | 133.83%-69.2pp | 552.29%-487.6pp |
| Employer contribution / active EE | $0 | $3,092-100.0% | $2,421-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $1,843 | $4,920-62.6% | $4,417-58.3% | $6,689-72.5% |
| Admin fee / account holder | $247 | $10,256-97.6% | $8,292-97.0% | $13,390-98.2% |