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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 | $16,418 | $77,638-78.9% | $156,551-89.5% | $62,881-73.9% |
| Participation rate | 54.3% | 71.2%-16.9pp | 84.0%-29.7pp | 69.3%-15.0pp |
| Annual return | 558.23% | 50.33%+507.9pp | 32.23%+526.0pp | 20.14%+538.1pp |
| Employer contribution / active EE | $44 | $3,444-98.7% | $5,501-99.2% | $2,281-98.1% |
| Participant deferral / active EE | $595 | $3,046-80.5% | $4,871-87.8% | $3,203-81.4% |
| Admin fee / account holder | $196 | $5,561-96.5% | $13,028-98.5% | $4,296-95.4% |