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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 | $47,414 | $198,457-76.1% | $170,435-72.2% | $147,586-67.9% |
| Participation rate | 63.2% | 88.0%-24.8pp | 83.6%-20.4pp | 82.8%-19.7pp |
| Annual return | 0.00% | 257.30%-257.3pp | 205.94%-205.9pp | 578.59%-578.6pp |
| Employer contribution / active EE | $949 | $6,183-84.7% | $5,432-82.5% | $4,876-80.5% |
| Participant deferral / active EE | $1,506 | $5,629-73.2% | $4,939-69.5% | $5,439-72.3% |
| Admin fee / account holder | $192 | $16,852-98.9% | $13,881-98.6% | $10,886-98.2% |