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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 | $3,493 | $72,071-95.2% | $68,368-94.9% | $137,256-97.5% |
| Participation rate | 42.9% | 76.2%-33.4pp | 73.8%-30.9pp | 80.0%-37.1pp |
| Annual return | 18.88% | 353.14%-334.3pp | 292.57%-273.7pp | 220.34%-201.5pp |
| Employer contribution / active EE | $178 | $2,788-93.6% | $2,649-93.3% | $4,156-95.7% |
| Participant deferral / active EE | $268 | $4,410-93.9% | $4,123-93.5% | $6,407-95.8% |
| Admin fee / account holder | $24 | $5,336-99.5% | $5,150-99.5% | $12,270-99.8% |