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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 | $50,231 | $124,980-59.8% | $108,359-53.6% | $154,746-67.5% |
| Participation rate | 31.3% | 75.2%-43.9pp | 70.1%-38.9pp | 80.7%-49.5pp |
| Annual return | 12.98% | 45.00%-32.0pp | 36.89%-23.9pp | 172.34%-159.4pp |
| Employer contribution / active EE | $159 | $2,851-94.4% | $2,399-93.4% | $4,379-96.4% |
| Participant deferral / active EE | $634 | $4,743-86.6% | $4,137-84.7% | $6,730-90.6% |
| Admin fee / account holder | $8 | $11,502-99.9% | $9,741-99.9% | $14,365-99.9% |