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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 | $66,120 | $83,337-20.7% | $67,834-2.5% | $273,972-75.9% |
| Participation rate | 41.7% | 76.4%-34.8pp | 68.8%-27.1pp | 83.0%-41.3pp |
| Annual return | 2.87% | 259.45%-256.6pp | 138.47%-135.6pp | 41.46%-38.6pp |
| Employer contribution / active EE | $202 | $3,287-93.9% | $2,403-91.6% | $4,869-95.9% |
| Participant deferral / active EE | $893 | $4,088-78.2% | $3,160-71.7% | $5,287-83.1% |
| Admin fee / account holder | $8 | $6,752-99.9% | $4,622-99.8% | $10,133-99.9% |