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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 | $5,572 | $162,529-96.6% | $130,788-95.7% | $154,746-96.4% |
| Participation rate | 33.3% | 75.9%-42.5pp | 70.1%-36.8pp | 80.7%-47.4pp |
| Annual return | 20.46% | 510.48%-490.0pp | 386.44%-366.0pp | 172.34%-151.9pp |
| Employer contribution / active EE | $0 | $4,447-100.0% | $3,558-100.0% | $4,379-100.0% |
| Participant deferral / active EE | $959 | $4,808-80.1% | $4,137-76.8% | $6,730-85.8% |
| Admin fee / account holder | $118 | $7,669-98.5% | $6,673-98.2% | $14,365-99.2% |