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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 | $73,195 | $99,652-26.5% | $78,778-7.1% | $147,586-50.4% |
| Participation rate | 44.4% | 76.2%-31.8pp | 69.2%-24.7pp | 82.8%-38.4pp |
| Annual return | 14.53% | 47.28%-32.8pp | 35.62%-21.1pp | 578.59%-564.1pp |
| Employer contribution / active EE | $163 | $2,796-94.2% | $1,986-91.8% | $4,876-96.7% |
| Participant deferral / active EE | $662 | $3,664-81.9% | $2,958-77.6% | $5,439-87.8% |
| Admin fee / account holder | $25 | $7,155-99.7% | $5,134-99.5% | $10,886-99.8% |