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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 | $6,045 | $64,719-90.7% | $112,249-94.6% | $68,486-91.2% |
| Participation rate | 52.1% | 67.2%-15.1pp | 75.1%-23.0pp | 67.9%-15.8pp |
| Annual return | 0.00% | -11.40%+11.4pp | 27.48%-27.5pp | -7.85%+7.9pp |
| Employer contribution / active EE | $615 | $2,747-77.6% | $3,636-83.1% | $2,597-76.3% |
| Participant deferral / active EE | $1,827 | $3,565-48.8% | $4,729-61.4% | $4,028-54.6% |
| Admin fee / account holder | $7 | $5,232-99.9% | $6,412-99.9% | $5,404-99.9% |