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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 | $159,934-69.5% | $147,005-66.9% | $145,959-66.6% |
| Participation rate | 50.0% | 84.0%-34.0pp | 82.2%-32.2pp | 80.3%-30.3pp |
| Annual return | 9.71% | 98.24%-88.5pp | 418.76%-409.0pp | 561.95%-552.2pp |
| Employer contribution / active EE | $441 | $5,287-91.7% | $4,934-91.1% | $4,661-90.5% |
| Participant deferral / active EE | $2,219 | $8,427-73.7% | $8,070-72.5% | $6,689-66.8% |
| Admin fee / account holder | $298 | $15,053-98.0% | $13,006-97.7% | $13,398-97.8% |