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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 | $49,274 | $150,197-67.2% | $120,368-59.1% | $145,959-66.2% |
| Participation rate | 40.0% | 78.8%-38.8pp | 71.9%-31.9pp | 80.3%-40.3pp |
| Annual return | 12.72% | 154.26%-141.5pp | 107.26%-94.5pp | 561.95%-549.2pp |
| Employer contribution / active EE | $219 | $4,350-95.0% | $3,465-93.7% | $4,661-95.3% |
| Participant deferral / active EE | $274 | $6,174-95.6% | $4,991-94.5% | $6,689-95.9% |
| Admin fee / account holder | $296 | $12,216-97.6% | $9,429-96.9% | $13,398-97.8% |