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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 | $63,346 | $138,114-54.1% | $125,391-49.5% | $134,545-52.9% |
| Participation rate | 40.0% | 84.5%-44.5pp | 82.4%-42.4pp | 81.2%-41.2pp |
| Annual return | -18.75% | 750.88%-769.6pp | 572.41%-591.2pp | 418.37%-437.1pp |
| Employer contribution / active EE | $563 | $5,246-89.3% | $4,816-88.3% | $4,742-88.1% |
| Participant deferral / active EE | $753 | $7,801-90.3% | $7,448-89.9% | $6,401-88.2% |
| Admin fee / account holder | $24 | $11,570-99.8% | $10,009-99.8% | $11,431-99.8% |