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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 | $3,935 | $52,279-92.5% | $89,435-95.6% | $79,856-95.1% |
| Participation rate | 65.8% | 57.5%+8.2pp | 68.0%-2.2pp | 69.6%-3.9pp |
| Annual return | 46.05% | 22.16%+23.9pp | 245.55%-199.5pp | 31.71%+14.3pp |
| Employer contribution / active EE | $0 | $1,572-100.0% | $2,587-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,061 | $2,740-24.8% | $3,890-47.0% | $3,741-44.9% |
| Admin fee / account holder | $145 | $3,356-95.7% | $4,884-97.0% | $5,306-97.3% |