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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 | $56,416 | $105,856-46.7% | $90,161-37.4% | $147,586-61.8% |
| Participation rate | 27.3% | 79.7%-52.5pp | 76.9%-49.6pp | 82.8%-55.6pp |
| Annual return | 17.95% | 37.63%-19.7pp | 34.89%-16.9pp | 578.59%-560.6pp |
| Employer contribution / active EE | $399 | $4,126-90.3% | $3,318-88.0% | $4,876-91.8% |
| Participant deferral / active EE | $604 | $5,733-89.5% | $5,287-88.6% | $5,439-88.9% |
| Admin fee / account holder | $273 | $8,046-96.6% | $5,943-95.4% | $10,886-97.5% |