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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 | $15,551 | $165,939-90.6% | $122,354-87.3% | $147,586-89.5% |
| Participation rate | 4.3% | 79.6%-75.2pp | 71.6%-67.3pp | 82.8%-78.5pp |
| Annual return | 10.29% | 34.56%-24.3pp | 30.28%-20.0pp | 578.59%-568.3pp |
| Employer contribution / active EE | $0 | $5,754-100.0% | $4,051-100.0% | $4,876-100.0% |
| Participant deferral / active EE | $157 | $4,005-96.1% | $3,287-95.2% | $5,439-97.1% |
| Admin fee / account holder | $58 | $7,425-99.2% | $5,479-99.0% | $10,886-99.5% |