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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 | $23,758 | $106,280-77.6% | $96,538-75.4% | $139,487-83.0% |
| Participation rate | 66.7% | 77.8%-11.2pp | 74.3%-7.7pp | 80.3%-13.7pp |
| Annual return | 19.24% | 38.48%-19.2pp | 35.74%-16.5pp | 373.84%-354.6pp |
| Employer contribution / active EE | $596 | $4,107-85.5% | $3,740-84.1% | $4,755-87.5% |
| Participant deferral / active EE | $1,312 | $5,457-76.0% | $4,880-73.1% | $6,713-80.5% |
| Admin fee / account holder | $20 | $7,888-99.7% | $6,737-99.7% | $11,407-99.8% |