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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 | $55,363 | $166,268-66.7% | $165,100-66.5% | $145,897-62.1% |
| Participation rate | 44.4% | 82.0%-37.6pp | 78.6%-34.2pp | 80.3%-35.9pp |
| Annual return | 12.81% | 100.52%-87.7pp | 70.21%-57.4pp | 552.29%-539.5pp |
| Employer contribution / active EE | $109 | $5,284-97.9% | $4,348-97.5% | $4,663-97.7% |
| Participant deferral / active EE | $905 | $6,964-87.0% | $6,035-85.0% | $6,689-86.5% |
| Admin fee / account holder | $241 | $16,659-98.6% | $12,696-98.1% | $13,390-98.2% |