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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 | $102,429-46.9% | $147,096-63.0% | $80,925-32.7% |
| Participation rate | 20.9% | 75.9%-54.9pp | 82.2%-61.2pp | 67.7%-46.7pp |
| Annual return | 13.63% | 135.02%-121.4pp | 419.75%-406.1pp | 35.65%-22.0pp |
| Employer contribution / active EE | $743 | $3,716-80.0% | $4,936-84.9% | $2,756-73.0% |
| Participant deferral / active EE | $2,183 | $6,649-67.2% | $8,071-73.0% | $4,299-49.2% |
| Admin fee / account holder | $26 | $7,957-99.7% | $13,005-99.8% | $6,940-99.6% |