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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 | $33,382 | $85,766-61.1% | $136,298-75.5% | $70,126-52.4% |
| Participation rate | 6.5% | 74.2%-67.7pp | 81.9%-75.5pp | 69.5%-63.1pp |
| Annual return | 16.09% | 31.46%-15.4pp | 5156.27%-5140.2pp | 73.15%-57.1pp |
| Employer contribution / active EE | $117 | $2,966-96.1% | $4,696-97.5% | $2,343-95.0% |
| Participant deferral / active EE | $547 | $5,051-89.2% | $6,247-91.2% | $3,332-83.6% |
| Admin fee / account holder | $236 | $5,421-95.6% | $9,244-97.4% | $4,645-94.9% |