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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 | $60,442-95.7% | $96,754-97.3% | $87,485-97.0% |
| Participation rate | 51.5% | 58.7%-7.2pp | 70.3%-18.8pp | 68.9%-17.4pp |
| Annual return | 28.05% | 21.97%+6.1pp | 82.04%-54.0pp | 26.06%+2.0pp |
| Employer contribution / active EE | $51 | $1,691-97.0% | $2,679-98.1% | $2,596-98.0% |
| Participant deferral / active EE | $1,097 | $3,280-66.6% | $4,758-76.9% | $4,274-74.3% |
| Admin fee / account holder | $255 | $5,069-95.0% | $8,905-97.1% | $7,775-96.7% |