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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $75,805 | $96,508-21.5% | $75,901-0.1% | $152,897-50.4% |
| Participation rate | 12.5% | 76.2%-63.7pp | 69.3%-56.8pp | 82.5%-70.0pp |
| Annual return | 23.25% | 33.99%-10.7pp | 30.76%-7.5pp | 345.43%-322.2pp |
| Employer contribution / active EE | $65 | $3,310-98.0% | $2,501-97.4% | $4,764-98.6% |
| Participant deferral / active EE | $260 | $4,554-94.3% | $3,603-92.8% | $5,851-95.6% |
| Admin fee / account holder | $89 | $8,081-98.9% | $5,420-98.4% | $11,599-99.2% |