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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 | $6,287 | $202,342-96.9% | $172,753-96.4% | $152,909-95.9% |
| Participation rate | 55.6% | 87.1%-31.5pp | 82.6%-27.1pp | 82.5%-26.9pp |
| Annual return | 0.00% | 1029.88%-1029.9pp | 803.00%-803.0pp | 345.46%-345.5pp |
| Employer contribution / active EE | $517 | $5,857-91.2% | $5,144-89.9% | $4,764-89.1% |
| Participant deferral / active EE | $2,975 | $5,948-50.0% | $5,198-42.8% | $5,851-49.2% |
| Admin fee / account holder | $256 | $17,112-98.5% | $13,956-98.2% | $11,601-97.8% |