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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 | $9,614 | $96,419-90.0% | $80,648-88.1% | $139,487-93.1% |
| Participation rate | 19.0% | 73.6%-54.6pp | 67.0%-48.0pp | 80.3%-61.3pp |
| Annual return | 13.45% | 1352.86%-1339.4pp | 937.21%-923.8pp | 373.84%-360.4pp |
| Employer contribution / active EE | $160 | $3,261-95.1% | $2,724-94.1% | $4,755-96.6% |
| Participant deferral / active EE | $160 | $5,225-96.9% | $4,443-96.4% | $6,713-97.6% |
| Admin fee / account holder | $149 | $6,605-97.7% | $5,382-97.2% | $11,407-98.7% |