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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 | $6,533 | $88,815-92.6% | $81,882-92.0% | $145,897-95.5% |
| Participation rate | 28.6% | 75.1%-46.5pp | 72.4%-43.8pp | 80.3%-51.7pp |
| Annual return | 12.18% | 1033.75%-1021.6pp | 779.47%-767.3pp | 552.29%-540.1pp |
| Employer contribution / active EE | $220 | $3,086-92.9% | $2,916-92.5% | $4,663-95.3% |
| Participant deferral / active EE | $308 | $4,647-93.4% | $4,323-92.9% | $6,689-95.4% |
| Admin fee / account holder | $62 | $8,434-99.3% | $7,360-99.2% | $13,390-99.5% |