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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 | $52,350 | $93,345-43.9% | $119,126-56.1% | $87,485-40.2% |
| Participation rate | 10.3% | 68.7%-58.5pp | 75.8%-65.5pp | 68.9%-58.7pp |
| Annual return | 15.97% | 19.08%-3.1pp | 282.11%-266.1pp | 26.06%-10.1pp |
| Employer contribution / active EE | $191 | $3,172-94.0% | $4,034-95.3% | $2,596-92.7% |
| Participant deferral / active EE | $321 | $4,099-92.2% | $5,318-94.0% | $4,274-92.5% |
| Admin fee / account holder | $69 | $8,039-99.1% | $10,693-99.4% | $7,775-99.1% |