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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 | $24,404 | $106,247-77.0% | $96,515-74.7% | $139,466-82.5% |
| Participation rate | 16.7% | 77.8%-61.2pp | 74.3%-57.7pp | 80.3%-63.7pp |
| Annual return | 25.68% | 38.47%-12.8pp | 35.73%-10.1pp | 373.66%-348.0pp |
| Employer contribution / active EE | $597 | $4,106-85.4% | $3,740-84.0% | $4,754-87.4% |
| Participant deferral / active EE | $986 | $5,456-81.9% | $4,880-79.8% | $6,712-85.3% |
| Admin fee / account holder | $20 | $7,885-99.7% | $6,735-99.7% | $11,409-99.8% |