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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 | $34,757 | $80,812-57.0% | $160,784-78.4% | $82,448-57.8% |
| Participation rate | 22.7% | 66.2%-43.5pp | 77.0%-54.2pp | 68.1%-45.3pp |
| Annual return | 20.44% | 100.59%-80.1pp | 1803.92%-1783.5pp | 41.64%-21.2pp |
| Employer contribution / active EE | $240 | $2,174-88.9% | $3,733-93.6% | $2,551-90.6% |
| Participant deferral / active EE | $705 | $4,335-83.7% | $6,293-88.8% | $4,139-83.0% |
| Admin fee / account holder | $19 | $7,695-99.8% | $9,717-99.8% | $7,234-99.7% |