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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 | $2,928 | $106,923-97.3% | $84,023-96.5% | $152,909-98.1% |
| Participation rate | 66.7% | 75.3%-8.6pp | 69.0%-2.4pp | 82.5%-15.8pp |
| Annual return | 47.92% | 105.02%-57.1pp | 71.32%-23.4pp | 345.46%-297.5pp |
| Employer contribution / active EE | $0 | $2,735-100.0% | $1,984-100.0% | $4,764-100.0% |
| Participant deferral / active EE | $6,594 | $4,013+64.3% | $3,239+103.6% | $5,851+12.7% |
| Admin fee / account holder | $235 | $8,289-97.2% | $6,102-96.1% | $11,601-98.0% |