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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 | $8,058 | $110,379-92.7% | $102,412-92.1% | $145,884-94.5% |
| Participation rate | 60.0% | 77.9%-17.9pp | 74.5%-14.5pp | 80.3%-20.3pp |
| Annual return | 17.30% | 24.84%-7.5pp | 24.94%-7.6pp | 551.85%-534.6pp |
| Employer contribution / active EE | $64 | $4,216-98.5% | $3,870-98.3% | $4,662-98.6% |
| Participant deferral / active EE | $2,262 | $5,622-59.8% | $5,060-55.3% | $6,690-66.2% |
| Admin fee / account holder | $37 | $9,745-99.6% | $8,388-99.6% | $13,392-99.7% |