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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 | $42,841 | $92,798-53.8% | $96,707-55.7% | $137,256-68.8% |
| Participation rate | 50.0% | 81.6%-31.6pp | 80.4%-30.4pp | 80.0%-30.0pp |
| Annual return | 16.45% | 31.24%-14.8pp | 34.78%-18.3pp | 220.34%-203.9pp |
| Employer contribution / active EE | $266 | $4,147-93.6% | $4,191-93.6% | $4,156-93.6% |
| Participant deferral / active EE | $1,065 | $5,877-81.9% | $5,997-82.2% | $6,407-83.4% |
| Admin fee / account holder | $15 | $7,946-99.8% | $7,503-99.8% | $12,270-99.9% |