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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 | $47,588 | $176,786-73.1% | $146,643-67.5% | $167,536-71.6% |
| Participation rate | 50.0% | 83.6%-33.6pp | 80.1%-30.1pp | 82.1%-32.1pp |
| Annual return | 13.46% | 24.04%-10.6pp | 22.75%-9.3pp | 478.82%-465.4pp |
| Employer contribution / active EE | $456 | $5,161-91.2% | $4,137-89.0% | $4,839-90.6% |
| Participant deferral / active EE | $484 | $6,440-92.5% | $5,506-91.2% | $6,342-92.4% |
| Admin fee / account holder | $20 | $13,262-99.8% | $10,280-99.8% | $12,315-99.8% |