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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 | $49,976-77.6% | $66,674-83.2% | $82,637-86.5% |
| Participation rate | 10.0% | 63.1%-53.1pp | 73.7%-63.7pp | 68.1%-58.1pp |
| Annual return | 20.26% | 39.09%-18.8pp | 321.24%-301.0pp | 53.51%-33.2pp |
| Employer contribution / active EE | $244 | $1,988-87.7% | $2,620-90.7% | $2,552-90.5% |
| Participant deferral / active EE | $454 | $2,847-84.0% | $4,084-88.9% | $4,126-89.0% |
| Admin fee / account holder | $68 | $4,594-98.5% | $5,098-98.7% | $7,339-99.1% |