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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 | $24,838 | $114,119-78.2% | $107,187-76.8% | $138,895-82.1% |
| Participation rate | 16.7% | 78.1%-61.4pp | 75.0%-58.4pp | 79.9%-63.3pp |
| Annual return | 12.23% | 273.21%-261.0pp | 204.55%-192.3pp | 145.39%-133.2pp |
| Employer contribution / active EE | $7 | $4,059-99.8% | $3,782-99.8% | $4,194-99.8% |
| Participant deferral / active EE | $17 | $5,538-99.7% | $5,096-99.7% | $6,396-99.7% |
| Admin fee / account holder | $147 | $10,024-98.5% | $9,162-98.4% | $12,562-98.8% |