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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 | $49,315 | $114,093-56.8% | $96,171-48.7% | $167,536-70.6% |
| Participation rate | 40.0% | 75.1%-35.1pp | 68.4%-28.4pp | 82.1%-42.1pp |
| Annual return | 22.55% | 190.00%-167.5pp | 192.04%-169.5pp | 478.82%-456.3pp |
| Employer contribution / active EE | $247 | $3,429-92.8% | $2,799-91.2% | $4,839-94.9% |
| Participant deferral / active EE | $281 | $5,197-94.6% | $4,350-93.5% | $6,342-95.6% |
| Admin fee / account holder | $217 | $6,899-96.9% | $5,538-96.1% | $12,315-98.2% |