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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 | $35,410 | $22,602+56.7% | $65,328-45.8% | $75,181-52.9% |
| Participation rate | 17.9% | 63.1%-45.2pp | 64.9%-47.1pp | 67.2%-49.3pp |
| Annual return | 22.60% | 71.13%-48.5pp | 47.39%-24.8pp | 160.69%-138.1pp |
| Employer contribution / active EE | $186 | $941-80.3% | $1,692-89.0% | $2,671-93.1% |
| Participant deferral / active EE | $120 | $1,695-92.9% | $2,832-95.7% | $4,126-97.1% |
| Admin fee / account holder | $16 | $1,877-99.1% | $4,116-99.6% | $5,650-99.7% |