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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 | $30,040 | $211,288-85.8% | $178,540-83.2% | $145,884-79.4% |
| Participation rate | 66.7% | 80.8%-14.1pp | 77.1%-10.4pp | 80.3%-13.6pp |
| Annual return | 18.20% | 30.27%-12.1pp | 27.15%-9.0pp | 551.85%-533.7pp |
| Employer contribution / active EE | $467 | $4,574-89.8% | $3,953-88.2% | $4,662-90.0% |
| Participant deferral / active EE | $583 | $6,967-91.6% | $6,281-90.7% | $6,690-91.3% |
| Admin fee / account holder | $70 | $12,105-99.4% | $10,424-99.3% | $13,392-99.5% |