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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 | $11,189 | $51,638-78.3% | $68,368-83.6% | $82,448-86.4% |
| Participation rate | 10.0% | 63.6%-53.6pp | 73.8%-63.8pp | 68.1%-58.1pp |
| Annual return | 20.26% | 37.53%-17.3pp | 292.57%-272.3pp | 41.64%-21.4pp |
| Employer contribution / active EE | $244 | $2,047-88.1% | $2,649-90.8% | $2,551-90.4% |
| Participant deferral / active EE | $454 | $2,914-84.4% | $4,123-89.0% | $4,139-89.0% |
| Admin fee / account holder | $68 | $4,643-98.5% | $5,150-98.7% | $7,234-99.1% |