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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 | $32,064 | $129,737-75.3% | $119,126-73.1% | $154,746-79.3% |
| Participation rate | 50.0% | 78.9%-28.9pp | 75.8%-25.8pp | 80.7%-30.7pp |
| Annual return | 16.69% | 379.08%-362.4pp | 282.11%-265.4pp | 172.34%-155.6pp |
| Employer contribution / active EE | $221 | $4,375-95.0% | $4,034-94.5% | $4,379-95.0% |
| Participant deferral / active EE | $221 | $5,842-96.2% | $5,318-95.8% | $6,730-96.7% |
| Admin fee / account holder | $197 | $11,961-98.4% | $10,693-98.2% | $14,365-98.6% |