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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 | $23,345 | $124,330-81.2% | $109,173-78.6% | $167,536-86.1% |
| Participation rate | 30.4% | 79.5%-49.0pp | 75.9%-45.4pp | 82.1%-51.7pp |
| Annual return | 0.00% | 26.04%-26.0pp | 25.75%-25.8pp | 478.82%-478.8pp |
| Employer contribution / active EE | $458 | $4,209-89.1% | $3,723-87.7% | $4,839-90.5% |
| Participant deferral / active EE | $916 | $5,256-82.6% | $4,654-80.3% | $6,342-85.6% |
| Admin fee / account holder | $181 | $7,974-97.7% | $6,755-97.3% | $12,315-98.5% |