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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 | $59,865 | $88,710-32.5% | $81,783-26.8% | $145,959-59.0% |
| Participation rate | 33.3% | 75.0%-41.7pp | 72.4%-39.0pp | 80.3%-47.0pp |
| Annual return | 10.22% | 1027.26%-1017.0pp | 775.05%-764.8pp | 561.95%-551.7pp |
| Employer contribution / active EE | $35 | $3,083-98.9% | $2,913-98.8% | $4,661-99.2% |
| Participant deferral / active EE | $267 | $4,645-94.3% | $4,320-93.8% | $6,689-96.0% |
| Admin fee / account holder | $299 | $8,407-96.4% | $7,380-95.9% | $13,398-97.8% |