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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 | $42,392 | $117,895-64.0% | $102,460-58.6% | $145,897-70.9% |
| Participation rate | 53.3% | 78.6%-25.3pp | 76.5%-23.2pp | 80.3%-27.0pp |
| Annual return | 13.25% | 31.92%-18.7pp | 29.47%-16.2pp | 552.29%-539.0pp |
| Employer contribution / active EE | $236 | $3,619-93.5% | $3,025-92.2% | $4,663-94.9% |
| Participant deferral / active EE | $1,392 | $5,736-75.7% | $5,056-72.5% | $6,689-79.2% |
| Admin fee / account holder | $35 | $13,353-99.7% | $9,460-99.6% | $13,390-99.7% |