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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 | $33,506 | $48,337-30.7% | $67,560-50.4% | $80,959-58.6% |
| Participation rate | 5.5% | 66.4%-61.0pp | 72.9%-67.5pp | 67.7%-62.2pp |
| Annual return | 11.94% | 18.26%-6.3pp | 3533.50%-3521.6pp | 35.67%-23.7pp |
| Employer contribution / active EE | $148 | $2,023-92.7% | $2,737-94.6% | $2,757-94.6% |
| Participant deferral / active EE | $216 | $2,928-92.6% | $4,004-94.6% | $4,300-95.0% |
| Admin fee / account holder | $245 | $3,695-93.4% | $3,994-93.9% | $6,925-96.5% |