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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 | $42,216 | $111,830-62.2% | $93,696-54.9% | $145,884-71.1% |
| Participation rate | 29.4% | 74.2%-44.8pp | 68.7%-39.3pp | 80.3%-50.9pp |
| Annual return | 8.84% | 204.08%-195.2pp | 133.74%-124.9pp | 551.85%-543.0pp |
| Employer contribution / active EE | $148 | $3,093-95.2% | $2,422-93.9% | $4,662-96.8% |
| Participant deferral / active EE | $592 | $4,920-88.0% | $4,417-86.6% | $6,690-91.2% |
| Admin fee / account holder | $8 | $10,249-99.9% | $8,287-99.9% | $13,392-99.9% |