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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 | $13,780 | $104,577-86.8% | $76,667-82.0% | $152,909-91.0% |
| Participation rate | 20.0% | 76.6%-56.6pp | 72.1%-52.1pp | 82.5%-62.5pp |
| Annual return | 14.03% | 1014.36%-1000.3pp | 1166.74%-1152.7pp | 345.46%-331.4pp |
| Employer contribution / active EE | $143 | $3,119-95.4% | $2,303-93.8% | $4,764-97.0% |
| Participant deferral / active EE | $178 | $4,237-95.8% | $3,336-94.7% | $5,851-97.0% |
| Admin fee / account holder | $79 | $12,290-99.4% | $6,423-98.8% | $11,601-99.3% |