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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 | $74,177 | $107,368-30.9% | $92,915-20.2% | $152,909-51.5% |
| Participation rate | 50.0% | 79.8%-29.8pp | 76.0%-26.0pp | 82.5%-32.5pp |
| Annual return | 16.36% | 145.64%-129.3pp | 109.45%-93.1pp | 345.46%-329.1pp |
| Employer contribution / active EE | $436 | $4,222-89.7% | $3,653-88.1% | $4,764-90.9% |
| Participant deferral / active EE | $993 | $4,848-79.5% | $4,238-76.6% | $5,851-83.0% |
| Admin fee / account holder | $172 | $7,082-97.6% | $5,796-97.0% | $11,601-98.5% |