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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 | $9,615 | $100,203-90.4% | $85,240-88.7% | $145,897-93.4% |
| Participation rate | 20.0% | 74.1%-54.1pp | 67.5%-47.5pp | 80.3%-60.3pp |
| Annual return | 15.93% | 84.28%-68.3pp | 66.75%-50.8pp | 552.29%-536.4pp |
| Employer contribution / active EE | $261 | $3,242-91.9% | $2,735-90.5% | $4,663-94.4% |
| Participant deferral / active EE | $326 | $5,299-93.8% | $4,527-92.8% | $6,689-95.1% |
| Admin fee / account holder | $0 | $7,265-100.0% | $6,165-100.0% | $13,390-100.0% |