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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 | $52,938 | $115,810-54.3% | $101,271-47.7% | $158,966-66.7% |
| Participation rate | 68.8% | 79.4%-10.6pp | 75.8%-7.1pp | 82.0%-13.2pp |
| Annual return | 19.89% | 56.15%-36.3pp | 46.48%-26.6pp | 302.95%-283.1pp |
| Employer contribution / active EE | $298 | $4,175-92.9% | $3,660-91.9% | $4,762-93.7% |
| Participant deferral / active EE | $1,241 | $4,958-75.0% | $4,371-71.6% | $5,983-79.3% |
| Admin fee / account holder | $251 | $7,248-96.5% | $5,948-95.8% | $11,250-97.8% |