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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 | $54,144 | $117,895-54.1% | $102,460-47.2% | $145,897-62.9% |
| Participation rate | 28.6% | 78.6%-50.1pp | 76.5%-47.9pp | 80.3%-51.7pp |
| Annual return | 13.38% | 31.92%-18.5pp | 29.47%-16.1pp | 552.29%-538.9pp |
| Employer contribution / active EE | $784 | $3,619-78.3% | $3,025-74.1% | $4,663-83.2% |
| Participant deferral / active EE | $989 | $5,736-82.8% | $5,056-80.4% | $6,689-85.2% |
| Admin fee / account holder | $20 | $13,353-99.9% | $9,460-99.8% | $13,390-99.9% |