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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 | $13,910 | $49,896-72.1% | $80,627-82.7% | $75,173-81.5% |
| Participation rate | 10.2% | 55.3%-45.2pp | 67.0%-56.8pp | 67.2%-57.0pp |
| Annual return | 32.21% | 34.67%-2.5pp | 936.76%-904.5pp | 160.72%-128.5pp |
| Employer contribution / active EE | $160 | $1,699-90.6% | $2,723-94.1% | $2,671-94.0% |
| Participant deferral / active EE | $423 | $2,992-85.8% | $4,443-90.5% | $4,126-89.7% |
| Admin fee / account holder | $88 | $3,578-97.5% | $5,381-98.4% | $5,651-98.4% |