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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 | $4,508 | $45,566-90.1% | $64,105-93.0% | $59,633-92.4% |
| Participation rate | 56.1% | 60.2%-4.1pp | 68.2%-12.1pp | 68.7%-12.6pp |
| Annual return | 0.00% | 4.95%-4.9pp | 791.24%-791.2pp | 2041.40%-2041.4pp |
| Employer contribution / active EE | $0 | $934-100.0% | $1,820-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $3,060 | $2,057+48.8% | $2,822+8.4% | $3,192-4.1% |
| Admin fee / account holder | $38 | $3,268-98.8% | $4,499-99.2% | $4,297-99.1% |