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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 | $2,588 | $57,590-95.5% | $86,233-97.0% | $82,448-96.9% |
| Participation rate | 51.5% | 57.9%-6.3pp | 69.0%-17.5pp | 68.1%-16.6pp |
| Annual return | 28.05% | 22.41%+5.6pp | 61.39%-33.3pp | 41.64%-13.6pp |
| Employer contribution / active EE | $51 | $1,655-96.9% | $2,504-98.0% | $2,551-98.0% |
| Participant deferral / active EE | $1,097 | $3,080-64.4% | $4,559-75.9% | $4,139-73.5% |
| Admin fee / account holder | $255 | $4,730-94.6% | $8,342-96.9% | $7,234-96.5% |