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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 | $72,474 | $91,198-20.5% | $178,503-59.4% | $79,856-9.2% |
| Participation rate | 11.1% | 69.2%-58.1pp | 81.9%-70.8pp | 69.6%-58.5pp |
| Annual return | 14.72% | 24.20%-9.5pp | 151.12%-136.4pp | 31.71%-17.0pp |
| Employer contribution / active EE | $184 | $3,257-94.3% | $5,011-96.3% | $2,471-92.5% |
| Participant deferral / active EE | $296 | $3,237-90.9% | $5,202-94.3% | $3,741-92.1% |
| Admin fee / account holder | $20 | $6,748-99.7% | $13,987-99.9% | $5,306-99.6% |