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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 | $9,839 | $22,602-56.5% | $65,583-85.0% | $75,177-86.9% |
| Participation rate | 9.8% | 63.1%-53.3pp | 65.0%-55.2pp | 67.2%-57.4pp |
| Annual return | 34.02% | 71.13%-37.1pp | 47.46%-13.4pp | 160.75%-126.7pp |
| Employer contribution / active EE | $0 | $941-100.0% | $1,692-100.0% | $2,671-100.0% |
| Participant deferral / active EE | $584 | $1,695-65.6% | $2,833-79.4% | $4,126-85.9% |
| Admin fee / account holder | $141 | $1,877-92.5% | $4,112-96.6% | $5,651-97.5% |