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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 | $9,455 | $58,241-83.8% | $81,780-88.4% | $80,911-88.3% |
| Participation rate | 17.7% | 63.4%-45.7pp | 72.4%-54.6pp | 67.6%-49.9pp |
| Annual return | 12.28% | 41.73%-29.4pp | 776.27%-764.0pp | 35.63%-23.4pp |
| Employer contribution / active EE | $213 | $2,343-90.9% | $2,914-92.7% | $2,756-92.3% |
| Participant deferral / active EE | $238 | $3,283-92.8% | $4,321-94.5% | $4,297-94.5% |
| Admin fee / account holder | $188 | $4,973-96.2% | $7,384-97.5% | $6,935-97.3% |