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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 | $7,696 | $73,978-89.6% | $96,515-92.0% | $75,173-89.8% |
| Participation rate | 35.0% | 66.4%-31.4pp | 74.3%-39.3pp | 67.2%-32.2pp |
| Annual return | 0.00% | 26.72%-26.7pp | 35.73%-35.7pp | 160.72%-160.7pp |
| Employer contribution / active EE | $728 | $2,931-75.1% | $3,740-80.5% | $2,671-72.7% |
| Participant deferral / active EE | $1,909 | $3,660-47.8% | $4,880-60.9% | $4,126-53.7% |
| Admin fee / account holder | $270 | $5,219-94.8% | $6,735-96.0% | $5,651-95.2% |