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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 | $13,721 | $88,778-84.5% | $81,844-83.2% | $145,884-90.6% |
| Participation rate | 60.0% | 75.1%-15.1pp | 72.4%-12.4pp | 80.3%-20.3pp |
| Annual return | 16.54% | 1033.03%-1016.5pp | 778.87%-762.3pp | 551.85%-535.3pp |
| Employer contribution / active EE | $90 | $3,087-97.1% | $2,916-96.9% | $4,662-98.1% |
| Participant deferral / active EE | $90 | $4,648-98.1% | $4,323-97.9% | $6,690-98.7% |
| Admin fee / account holder | $20 | $8,430-99.8% | $7,355-99.7% | $13,392-99.8% |