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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 | $46,251 | $132,634-65.1% | $115,768-60.0% | $137,256-66.3% |
| Participation rate | 55.6% | 77.9%-22.3pp | 74.4%-18.8pp | 80.0%-24.4pp |
| Annual return | 12.86% | 160.70%-147.8pp | 100.46%-87.6pp | 220.34%-207.5pp |
| Employer contribution / active EE | $341 | $3,360-89.9% | $2,940-88.4% | $4,156-91.8% |
| Participant deferral / active EE | $500 | $5,619-91.1% | $4,917-89.8% | $6,407-92.2% |
| Admin fee / account holder | $29 | $15,028-99.8% | $12,439-99.8% | $12,270-99.8% |