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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 | $34,305 | $169,356-79.7% | $129,406-73.5% | $145,897-76.5% |
| Participation rate | 33.3% | 76.5%-43.2pp | 69.6%-36.3pp | 80.3%-47.0pp |
| Annual return | 13.99% | 14418.62%-14404.6pp | 9468.18%-9454.2pp | 552.29%-538.3pp |
| Employer contribution / active EE | $3 | $5,542-99.9% | $4,155-99.9% | $4,663-99.9% |
| Participant deferral / active EE | $3 | $4,987-99.9% | $4,167-99.9% | $6,689-100.0% |
| Admin fee / account holder | $296 | $9,915-97.0% | $7,689-96.2% | $13,390-97.8% |