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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 | $85,324 | $105,284-19.0% | $150,734-43.4% | $94,015-9.2% |
| Participation rate | 19.4% | 71.7%-52.4pp | 78.4%-59.1pp | 70.8%-51.5pp |
| Annual return | 19.62% | 15.67%+3.9pp | 600.81%-581.2pp | 17.84%+1.8pp |
| Employer contribution / active EE | $621 | $3,599-82.8% | $4,918-87.4% | $2,790-77.8% |
| Participant deferral / active EE | $1,071 | $4,274-74.9% | $5,610-80.9% | $4,249-74.8% |
| Admin fee / account holder | $20 | $9,839-99.8% | $14,905-99.9% | $8,951-99.8% |