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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 | $7,036 | $77,908-91.0% | $149,696-95.3% | $75,173-90.6% |
| Participation rate | 18.4% | 65.6%-47.2pp | 78.8%-60.4pp | 67.2%-48.8pp |
| Annual return | 0.00% | 31.73%-31.7pp | 134.46%-134.5pp | 160.72%-160.7pp |
| Employer contribution / active EE | $342 | $3,138-89.1% | $4,821-92.9% | $2,671-87.2% |
| Participant deferral / active EE | $915 | $3,411-73.2% | $5,682-83.9% | $4,126-77.8% |
| Admin fee / account holder | $180 | $5,950-97.0% | $13,212-98.6% | $5,651-96.8% |