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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 | $4,334 | $149,040-97.1% | $120,225-96.4% | $137,256-96.8% |
| Participation rate | 50.0% | 75.4%-25.4pp | 69.6%-19.6pp | 80.0%-30.0pp |
| Annual return | 31.99% | 605.68%-573.7pp | 439.23%-407.2pp | 220.34%-188.4pp |
| Employer contribution / active EE | $0 | $4,350-100.0% | $3,475-100.0% | $4,156-100.0% |
| Participant deferral / active EE | $1,994 | $4,655-57.2% | $3,999-50.1% | $6,407-68.9% |
| Admin fee / account holder | $23 | $6,348-99.6% | $5,696-99.6% | $12,270-99.8% |