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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 | $14,908 | $99,079-85.0% | $78,002-80.9% | $273,972-94.6% |
| Participation rate | 16.7% | 78.6%-61.9pp | 75.5%-58.9pp | 83.0%-66.3pp |
| Annual return | 0.00% | 217.93%-217.9pp | 425.99%-426.0pp | 41.46%-41.5pp |
| Employer contribution / active EE | $259 | $3,308-92.2% | $2,470-89.5% | $4,869-94.7% |
| Participant deferral / active EE | $2,247 | $4,306-47.8% | $3,497-35.8% | $5,287-57.5% |
| Admin fee / account holder | $128 | $8,954-98.6% | $5,481-97.7% | $10,133-98.7% |