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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 | $48,728 | $160,070-69.6% | $147,117-66.9% | $145,897-66.6% |
| Participation rate | 50.0% | 84.0%-34.0pp | 82.2%-32.2pp | 80.3%-30.3pp |
| Annual return | 9.71% | 98.69%-89.0pp | 420.54%-410.8pp | 552.29%-542.6pp |
| Employer contribution / active EE | $441 | $5,285-91.7% | $4,932-91.1% | $4,663-90.5% |
| Participant deferral / active EE | $2,219 | $8,419-73.6% | $8,065-72.5% | $6,689-66.8% |
| Admin fee / account holder | $298 | $15,035-98.0% | $12,993-97.7% | $13,390-97.8% |