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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 | $54,426 | $102,422-46.9% | $147,117-63.0% | $80,959-32.8% |
| Participation rate | 20.9% | 75.9%-54.9pp | 82.2%-61.3pp | 67.7%-46.7pp |
| Annual return | 13.63% | 135.16%-121.5pp | 420.54%-406.9pp | 35.67%-22.0pp |
| Employer contribution / active EE | $743 | $3,717-80.0% | $4,932-84.9% | $2,757-73.0% |
| Participant deferral / active EE | $2,183 | $6,652-67.2% | $8,065-72.9% | $4,300-49.2% |
| Admin fee / account holder | $26 | $7,953-99.7% | $12,993-99.8% | $6,925-99.6% |