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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 | $45,739 | $138,078-66.9% | $125,363-63.5% | $134,509-66.0% |
| Participation rate | 60.0% | 84.5%-24.5pp | 82.4%-22.4pp | 81.2%-21.2pp |
| Annual return | -13.85% | 750.49%-764.3pp | 572.15%-586.0pp | 418.13%-432.0pp |
| Employer contribution / active EE | $533 | $5,245-89.8% | $4,815-88.9% | $4,741-88.8% |
| Participant deferral / active EE | $1,150 | $7,800-85.3% | $7,447-84.6% | $6,400-82.0% |
| Admin fee / account holder | $214 | $11,566-98.1% | $10,005-97.9% | $11,427-98.1% |