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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 | $102,393-46.8% | $147,041-63.0% | $80,911-32.7% |
| Participation rate | 20.9% | 75.9%-54.9pp | 82.2%-61.2pp | 67.6%-46.7pp |
| Annual return | 13.63% | 134.95%-121.3pp | 419.21%-405.6pp | 35.63%-22.0pp |
| Employer contribution / active EE | $743 | $3,715-80.0% | $4,935-84.9% | $2,756-73.0% |
| Participant deferral / active EE | $2,183 | $6,647-67.2% | $8,071-72.9% | $4,297-49.2% |
| Admin fee / account holder | $26 | $7,943-99.7% | $13,006-99.8% | $6,935-99.6% |