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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 | $93,706 | $124,346-24.6% | $111,308-15.8% | $167,536-44.1% |
| Participation rate | 40.0% | 79.6%-39.6pp | 77.3%-37.3pp | 82.1%-42.1pp |
| Annual return | 15.96% | 37.45%-21.5pp | 54.67%-38.7pp | 478.82%-462.9pp |
| Employer contribution / active EE | $156 | $3,437-95.5% | $2,732-94.3% | $4,839-96.8% |
| Participant deferral / active EE | $1,002 | $5,182-80.7% | $4,487-77.7% | $6,342-84.2% |
| Admin fee / account holder | $233 | $10,621-97.8% | $7,965-97.1% | $12,315-98.1% |