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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 | $1,537 | $48,053-96.8% | $84,637-98.2% | $72,976-97.9% |
| Participation rate | 60.3% | 57.6%+2.7pp | 68.2%-7.9pp | 69.5%-9.2pp |
| Annual return | 0.00% | 37.39%-37.4pp | 258.82%-258.8pp | 81.02%-81.0pp |
| Employer contribution / active EE | $0 | $1,602-100.0% | $2,653-100.0% | $2,440-100.0% |
| Participant deferral / active EE | $1,063 | $2,681-60.4% | $3,900-72.8% | $3,608-70.5% |
| Admin fee / account holder | $26 | $3,395-99.2% | $4,914-99.5% | $5,124-99.5% |