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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 | $4,117 | $63,703-93.5% | $93,063-95.6% | $82,448-95.0% |
| Participation rate | 60.0% | 63.8%-3.8pp | 72.1%-12.1pp | 68.1%-8.1pp |
| Annual return | 19.60% | -775.43%+795.0pp | 34.15%-14.6pp | 41.64%-22.0pp |
| Employer contribution / active EE | $0 | $1,729-100.0% | $2,476-100.0% | $2,551-100.0% |
| Participant deferral / active EE | $1,170 | $2,919-59.9% | $3,958-70.4% | $4,139-71.7% |
| Admin fee / account holder | $88 | $5,982-98.5% | $6,033-98.5% | $7,234-98.8% |