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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 | $2,792 | $77,901-96.4% | $149,717-98.1% | $75,181-96.3% |
| Participation rate | 62.1% | 65.6%-3.5pp | 78.8%-16.7pp | 67.2%-5.1pp |
| Annual return | 67.22% | 31.73%+35.5pp | 134.41%-67.2pp | 160.69%-93.5pp |
| Employer contribution / active EE | $260 | $3,137-91.7% | $4,820-94.6% | $2,671-90.3% |
| Participant deferral / active EE | $1,164 | $3,411-65.9% | $5,682-79.5% | $4,126-71.8% |
| Admin fee / account holder | $144 | $5,949-97.6% | $13,213-98.9% | $5,650-97.5% |