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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 | $47,739 | $36,767+29.8% | $81,473-41.4% | $62,293-23.4% |
| Participation rate | 5.5% | 54.4%-49.0pp | 68.0%-62.5pp | 69.5%-64.0pp |
| Annual return | 35.36% | 173.80%-138.4pp | 38.78%-3.4pp | 28.90%+6.5pp |
| Employer contribution / active EE | $133 | $1,128-88.2% | $2,568-94.8% | $2,042-93.5% |
| Participant deferral / active EE | $343 | $2,111-83.8% | $3,537-90.3% | $3,169-89.2% |
| Admin fee / account holder | $2 | $797-99.7% | $4,561-100.0% | $479-99.6% |