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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 | $71,714 | $106,247-32.5% | $96,515-25.7% | $139,466-48.6% |
| Participation rate | 50.0% | 77.8%-27.8pp | 74.3%-24.3pp | 80.3%-30.3pp |
| Annual return | 19.60% | 38.47%-18.9pp | 35.73%-16.1pp | 373.66%-354.1pp |
| Employer contribution / active EE | $734 | $4,106-82.1% | $3,740-80.4% | $4,754-84.6% |
| Participant deferral / active EE | $1,313 | $5,456-75.9% | $4,880-73.1% | $6,712-80.4% |
| Admin fee / account holder | $31 | $7,885-99.6% | $6,735-99.5% | $11,409-99.7% |