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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 | $60,624 | $104,953-42.2% | $84,637-28.4% | $152,909-60.4% |
| Participation rate | 18.8% | 74.8%-56.1pp | 68.2%-49.5pp | 82.5%-63.7pp |
| Annual return | 20.05% | 373.94%-353.9pp | 258.82%-238.8pp | 345.46%-325.4pp |
| Employer contribution / active EE | $252 | $3,304-92.4% | $2,653-90.5% | $4,764-94.7% |
| Participant deferral / active EE | $411 | $4,691-91.2% | $3,900-89.5% | $5,851-93.0% |
| Admin fee / account holder | $50 | $6,244-99.2% | $4,914-99.0% | $11,601-99.6% |