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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 | $5,969 | $95,415-93.7% | $185,851-96.8% | $85,851-93.0% |
| Participation rate | 47.7% | 68.8%-21.0pp | 81.7%-34.0pp | 69.3%-21.6pp |
| Annual return | 0.00% | 23.59%-23.6pp | 122.11%-122.1pp | 318.63%-318.6pp |
| Employer contribution / active EE | $316 | $3,314-90.5% | $5,168-93.9% | $2,565-87.7% |
| Participant deferral / active EE | $1,847 | $3,424-46.0% | $5,569-66.8% | $3,952-53.3% |
| Admin fee / account holder | $20 | $7,215-99.7% | $16,245-99.9% | $6,261-99.7% |