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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 | $29,764 | $70,366-57.7% | $66,674-55.4% | $138,895-78.6% |
| Participation rate | 42.9% | 76.2%-33.3pp | 73.7%-30.8pp | 79.9%-37.1pp |
| Annual return | 19.76% | 386.41%-366.7pp | 321.24%-301.5pp | 145.39%-125.6pp |
| Employer contribution / active EE | $335 | $2,765-87.9% | $2,620-87.2% | $4,194-92.0% |
| Participant deferral / active EE | $495 | $4,374-88.7% | $4,084-87.9% | $6,396-92.3% |
| Admin fee / account holder | $20 | $5,262-99.6% | $5,098-99.6% | $12,562-99.8% |