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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 | $42,680 | $102,422-58.3% | $147,117-71.0% | $80,959-47.3% |
| Participation rate | 15.1% | 75.9%-60.8pp | 82.2%-67.1pp | 67.7%-52.6pp |
| Annual return | 16.05% | 135.16%-119.1pp | 420.54%-404.5pp | 35.67%-19.6pp |
| Employer contribution / active EE | $381 | $3,717-89.8% | $4,932-92.3% | $2,757-86.2% |
| Participant deferral / active EE | $1,033 | $6,652-84.5% | $8,065-87.2% | $4,300-76.0% |
| Admin fee / account holder | $190 | $7,953-97.6% | $12,993-98.5% | $6,925-97.3% |