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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 | $88,413 | $112,131-21.2% | $95,964-7.9% | $158,982-44.4% |
| Participation rate | 30.4% | 79.0%-48.6pp | 77.1%-46.6pp | 82.0%-51.5pp |
| Annual return | 17.17% | 171.19%-154.0pp | 91.64%-74.5pp | 302.99%-285.8pp |
| Employer contribution / active EE | $136 | $3,199-95.8% | $2,541-94.7% | $4,763-97.2% |
| Participant deferral / active EE | $671 | $4,784-86.0% | $4,167-83.9% | $5,983-88.8% |
| Admin fee / account holder | $193 | $10,136-98.1% | $6,797-97.2% | $11,252-98.3% |