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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 | $1,079 | $49,896-97.8% | $80,627-98.7% | $75,173-98.6% |
| Participation rate | 69.6% | 55.3%+14.3pp | 67.0%+2.6pp | 67.2%+2.4pp |
| Annual return | 44.17% | 34.67%+9.5pp | 936.76%-892.6pp | 160.72%-116.5pp |
| Employer contribution / active EE | $0 | $1,699-100.0% | $2,723-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $772 | $2,992-74.2% | $4,443-82.6% | $4,126-81.3% |
| Admin fee / account holder | $13 | $3,578-99.6% | $5,381-99.8% | $5,651-99.8% |