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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 | $28,240 | $115,796-75.6% | $101,264-72.1% | $158,950-82.2% |
| Participation rate | 30.0% | 79.4%-49.4pp | 75.8%-45.8pp | 82.0%-52.0pp |
| Annual return | 21.00% | 56.15%-35.1pp | 46.48%-25.5pp | 302.91%-281.9pp |
| Employer contribution / active EE | $688 | $4,175-83.5% | $3,660-81.2% | $4,762-85.6% |
| Participant deferral / active EE | $1,046 | $4,958-78.9% | $4,370-76.1% | $5,983-82.5% |
| Admin fee / account holder | $20 | $7,247-99.7% | $5,947-99.7% | $11,248-99.8% |