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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 | $25,072 | $138,102-81.8% | $125,381-80.0% | $134,532-81.4% |
| Participation rate | 30.8% | 84.5%-53.7pp | 82.4%-51.6pp | 81.2%-50.5pp |
| Annual return | -16.93% | 750.73%-767.7pp | 572.31%-589.2pp | 418.27%-435.2pp |
| Employer contribution / active EE | $345 | $5,245-93.4% | $4,815-92.8% | $4,741-92.7% |
| Participant deferral / active EE | $1,300 | $7,801-83.3% | $7,448-82.5% | $6,401-79.7% |
| Admin fee / account holder | $124 | $11,568-98.9% | $10,007-98.8% | $11,429-98.9% |