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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 | $96,731-45.9% | $123,973-57.8% | $86,983-39.8% |
| Participation rate | 10.3% | 70.0%-59.8pp | 76.7%-66.4pp | 69.5%-59.3pp |
| Annual return | 15.97% | 17.33%-1.4pp | 388.13%-372.2pp | 25.83%-9.9pp |
| Employer contribution / active EE | $191 | $3,297-94.2% | $4,126-95.4% | $2,584-92.6% |
| Participant deferral / active EE | $321 | $4,152-92.3% | $5,247-93.9% | $4,194-92.3% |
| Admin fee / account holder | $69 | $8,722-99.2% | $11,799-99.4% | $7,856-99.1% |