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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 | $45,929 | $42,909+7.0% | $152,093-69.8% | $71,012-35.3% |
| Participation rate | 3.8% | 54.7%-50.9pp | 77.8%-74.0pp | 58.6%-54.8pp |
| Annual return | 20.68% | 30.57%-9.9pp | 66.36%-45.7pp | 37.67%-17.0pp |
| Employer contribution / active EE | $41 | $1,369-97.0% | $4,175-99.0% | $2,348-98.3% |
| Participant deferral / active EE | $190 | $1,904-90.0% | $5,451-96.5% | $3,246-94.1% |
| Admin fee / account holder | $279 | $1,014-72.5% | $14,497-98.1% | $1,167-76.1% |