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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 | $22,389 | $78,672-71.5% | $109,163-79.5% | $85,856-73.9% |
| Participation rate | 26.2% | 68.3%-42.1pp | 75.9%-49.7pp | 69.3%-43.2pp |
| Annual return | 88.47% | 25.09%+63.4pp | 25.75%+62.7pp | 318.58%-230.1pp |
| Employer contribution / active EE | $418 | $2,734-84.7% | $3,723-88.8% | $2,565-83.7% |
| Participant deferral / active EE | $960 | $3,467-72.3% | $4,654-79.4% | $3,952-75.7% |
| Admin fee / account holder | $25 | $5,470-99.5% | $6,754-99.6% | $6,261-99.6% |