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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 | $19,112 | $129,737-85.3% | $119,126-84.0% | $154,746-87.6% |
| Participation rate | 29.4% | 78.9%-49.4pp | 75.8%-46.3pp | 80.7%-51.3pp |
| Annual return | 16.62% | 379.08%-362.5pp | 282.11%-265.5pp | 172.34%-155.7pp |
| Employer contribution / active EE | $618 | $4,375-85.9% | $4,034-84.7% | $4,379-85.9% |
| Participant deferral / active EE | $676 | $5,842-88.4% | $5,318-87.3% | $6,730-90.0% |
| Admin fee / account holder | $50 | $11,961-99.6% | $10,693-99.5% | $14,365-99.7% |