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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 | $35,271 | $110,379-68.0% | $102,412-65.6% | $145,884-75.8% |
| Participation rate | 50.0% | 77.9%-27.9pp | 74.5%-24.5pp | 80.3%-30.3pp |
| Annual return | 19.71% | 24.84%-5.1pp | 24.94%-5.2pp | 551.85%-532.1pp |
| Employer contribution / active EE | $697 | $4,216-83.5% | $3,870-82.0% | $4,662-85.0% |
| Participant deferral / active EE | $835 | $5,622-85.1% | $5,060-83.5% | $6,690-87.5% |
| Admin fee / account holder | $38 | $9,745-99.6% | $8,388-99.6% | $13,392-99.7% |