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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 | $95,334 | $110,410-13.7% | $102,437-6.9% | $145,897-34.7% |
| Participation rate | 12.5% | 77.9%-65.4pp | 74.5%-62.0pp | 80.3%-67.8pp |
| Annual return | 14.31% | 24.85%-10.5pp | 24.95%-10.6pp | 552.29%-538.0pp |
| Employer contribution / active EE | $218 | $4,217-94.8% | $3,871-94.4% | $4,663-95.3% |
| Participant deferral / active EE | $272 | $5,622-95.2% | $5,060-94.6% | $6,689-95.9% |
| Admin fee / account holder | $25 | $9,745-99.7% | $8,388-99.7% | $13,390-99.8% |