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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 | $50,753 | $102,663-50.6% | $86,216-41.1% | $139,466-63.6% |
| Participation rate | 22.2% | 74.5%-52.3pp | 69.0%-46.7pp | 80.3%-58.1pp |
| Annual return | 16.16% | 1924.52%-1908.4pp | 1169.42%-1153.3pp | 373.66%-357.5pp |
| Employer contribution / active EE | $472 | $3,035-84.5% | $2,382-80.2% | $4,754-90.1% |
| Participant deferral / active EE | $558 | $4,677-88.1% | $3,986-86.0% | $6,712-91.7% |
| Admin fee / account holder | $0 | $8,663-100.0% | $6,853-100.0% | $11,409-100.0% |