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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 | $35,107 | $109,411-67.9% | $89,435-60.7% | $158,982-77.9% |
| Participation rate | 36.4% | 74.3%-37.9pp | 68.0%-31.6pp | 82.0%-45.6pp |
| Annual return | 14.23% | 345.68%-331.4pp | 245.55%-231.3pp | 302.99%-288.8pp |
| Employer contribution / active EE | $263 | $3,173-91.7% | $2,587-89.9% | $4,763-94.5% |
| Participant deferral / active EE | $306 | $4,600-93.4% | $3,890-92.1% | $5,983-94.9% |
| Admin fee / account holder | $8 | $6,159-99.9% | $4,884-99.8% | $11,252-99.9% |