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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 | $44,477 | $152,619-70.9% | $125,195-64.5% | $152,909-70.9% |
| Participation rate | 37.5% | 83.3%-45.8pp | 79.8%-42.3pp | 82.5%-45.0pp |
| Annual return | 19.86% | 54.85%-35.0pp | 43.79%-23.9pp | 345.46%-325.6pp |
| Employer contribution / active EE | $475 | $4,947-90.4% | $3,866-87.7% | $4,764-90.0% |
| Participant deferral / active EE | $1,014 | $5,869-82.7% | $4,937-79.5% | $5,851-82.7% |
| Admin fee / account holder | $0 | $13,437-100.0% | $9,704-100.0% | $11,601-100.0% |