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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 | $49,875 | $88,137-43.4% | $164,975-69.8% | $74,429-33.0% |
| Participation rate | 21.7% | 73.1%-51.4pp | 78.6%-56.9pp | 67.2%-45.5pp |
| Annual return | 15.03% | 17.13%-2.1pp | 70.12%-55.1pp | 1368.38%-1353.4pp |
| Employer contribution / active EE | $689 | $2,597-73.5% | $4,343-84.1% | $2,625-73.7% |
| Participant deferral / active EE | $1,934 | $4,501-57.0% | $6,033-67.9% | $4,348-55.5% |
| Admin fee / account holder | $19 | $2,231-99.1% | $12,688-99.8% | $1,944-99.0% |