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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 | $150,346-67.2% | $120,524-59.1% | $145,877-66.2% |
| Participation rate | 40.0% | 78.8%-38.8pp | 71.9%-31.9pp | 80.3%-40.3pp |
| Annual return | 12.72% | 154.40%-141.7pp | 107.36%-94.6pp | 551.28%-538.6pp |
| Employer contribution / active EE | $219 | $4,353-95.0% | $3,469-93.7% | $4,663-95.3% |
| Participant deferral / active EE | $274 | $6,172-95.6% | $4,994-94.5% | $6,691-95.9% |
| Admin fee / account holder | $296 | $12,215-97.6% | $9,440-96.9% | $13,402-97.8% |