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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 | $36,904+24.5% | $158,223-71.0% | $65,191-29.5% |
| Participation rate | 3.8% | 62.1%-58.3pp | 79.2%-75.4pp | 63.0%-59.2pp |
| Annual return | 20.68% | 24.43%-3.7pp | 52.09%-31.4pp | 51.24%-30.6pp |
| Employer contribution / active EE | $41 | $1,489-97.3% | $4,109-99.0% | $2,400-98.3% |
| Participant deferral / active EE | $190 | $1,936-90.2% | $5,467-96.5% | $2,671-92.9% |
| Admin fee / account holder | $279 | $793-64.9% | $16,047-98.3% | $907-69.3% |