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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 | $3,553 | $77,908-95.4% | $149,696-97.6% | $75,173-95.3% |
| Participation rate | 23.1% | 65.6%-42.5pp | 78.8%-55.7pp | 67.2%-44.1pp |
| Annual return | 1698.44% | 31.73%+1666.7pp | 134.46%+1564.0pp | 160.72%+1537.7pp |
| Employer contribution / active EE | $11 | $3,138-99.6% | $4,821-99.8% | $2,671-99.6% |
| Participant deferral / active EE | $1,480 | $3,411-56.6% | $5,682-74.0% | $4,126-64.1% |
| Admin fee / account holder | $290 | $5,950-95.1% | $13,212-97.8% | $5,651-94.9% |