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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 | $46,905 | $115,903-59.5% | $100,528-53.3% | $158,966-70.5% |
| Participation rate | 29.4% | 81.6%-52.2pp | 79.4%-50.0pp | 82.0%-52.6pp |
| Annual return | 21.07% | 34.80%-13.7pp | 30.90%-9.8pp | 302.95%-281.9pp |
| Employer contribution / active EE | $217 | $4,105-94.7% | $3,419-93.6% | $4,762-95.4% |
| Participant deferral / active EE | $1,161 | $6,677-82.6% | $6,271-81.5% | $5,983-80.6% |
| Admin fee / account holder | $29 | $11,000-99.7% | $8,084-99.6% | $11,250-99.7% |