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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 | $53,083 | $85,766-38.1% | $136,298-61.1% | $70,126-24.3% |
| Participation rate | 54.5% | 74.2%-19.6pp | 81.9%-27.4pp | 69.5%-15.0pp |
| Annual return | 16.98% | 31.46%-14.5pp | 5156.27%-5139.3pp | 73.15%-56.2pp |
| Employer contribution / active EE | $444 | $2,966-85.0% | $4,696-90.5% | $2,343-81.0% |
| Participant deferral / active EE | $1,876 | $5,051-62.9% | $6,247-70.0% | $3,332-43.7% |
| Admin fee / account holder | $243 | $5,421-95.5% | $9,244-97.4% | $4,645-94.8% |