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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 | $38,308 | $106,008-63.9% | $92,240-58.5% | $147,586-74.0% |
| Participation rate | 20.8% | 80.4%-59.6pp | 76.5%-55.6pp | 82.8%-62.0pp |
| Annual return | 19.08% | 50.05%-31.0pp | 176.29%-157.2pp | 578.59%-559.5pp |
| Employer contribution / active EE | $77 | $4,333-98.2% | $3,680-97.9% | $4,876-98.4% |
| Participant deferral / active EE | $894 | $4,478-80.0% | $3,897-77.0% | $5,439-83.6% |
| Admin fee / account holder | $75 | $6,333-98.8% | $5,194-98.6% | $10,886-99.3% |