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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 | $24,360 | $154,209-84.2% | $130,062-81.3% | $139,487-82.5% |
| Participation rate | 27.3% | 82.0%-54.7pp | 78.5%-51.2pp | 80.3%-53.1pp |
| Annual return | 12.08% | 32.52%-20.4pp | -137.37%+149.5pp | 373.84%-361.8pp |
| Employer contribution / active EE | $344 | $5,292-93.5% | $4,322-92.0% | $4,755-92.8% |
| Participant deferral / active EE | $539 | $6,709-92.0% | $5,821-90.7% | $6,713-92.0% |
| Admin fee / account holder | $272 | $13,988-98.1% | $10,601-97.4% | $11,407-97.6% |