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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 | $9,168 | $166,242-94.5% | $165,071-94.4% | $145,884-93.7% |
| Participation rate | 16.7% | 82.0%-65.4pp | 78.6%-62.0pp | 80.3%-63.6pp |
| Annual return | 5837.93% | 100.44%+5737.5pp | 70.17%+5767.8pp | 551.85%+5286.1pp |
| Employer contribution / active EE | $0 | $5,283-100.0% | $4,347-100.0% | $4,662-100.0% |
| Participant deferral / active EE | $4,153 | $6,964-40.4% | $6,035-31.2% | $6,690-37.9% |
| Admin fee / account holder | $29 | $16,658-99.8% | $12,695-99.8% | $13,392-99.8% |