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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 | $54,871 | $117,895-53.5% | $102,460-46.4% | $145,897-62.4% |
| Participation rate | 22.2% | 78.6%-56.4pp | 76.5%-54.3pp | 80.3%-58.1pp |
| Annual return | 9.62% | 31.92%-22.3pp | 29.47%-19.9pp | 552.29%-542.7pp |
| Employer contribution / active EE | $333 | $3,619-90.8% | $3,025-89.0% | $4,663-92.9% |
| Participant deferral / active EE | $734 | $5,736-87.2% | $5,056-85.5% | $6,689-89.0% |
| Admin fee / account holder | $29 | $13,353-99.8% | $9,460-99.7% | $13,390-99.8% |