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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 | $9,694 | $72,071-86.5% | $68,368-85.8% | $137,256-92.9% |
| Participation rate | 33.3% | 76.2%-42.9pp | 73.8%-40.4pp | 80.0%-46.6pp |
| Annual return | 19.84% | 353.14%-333.3pp | 292.57%-272.7pp | 220.34%-200.5pp |
| Employer contribution / active EE | $267 | $2,788-90.4% | $2,649-89.9% | $4,156-93.6% |
| Participant deferral / active EE | $355 | $4,410-91.9% | $4,123-91.4% | $6,407-94.5% |
| Admin fee / account holder | $90 | $5,336-98.3% | $5,150-98.3% | $12,270-99.3% |