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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 | $23,720 | $117,829-79.9% | $102,423-76.8% | $145,877-83.7% |
| Participation rate | 33.3% | 78.6%-45.3pp | 76.5%-43.2pp | 80.3%-47.0pp |
| Annual return | 11.69% | 31.83%-20.1pp | 29.42%-17.7pp | 551.28%-539.6pp |
| Employer contribution / active EE | $297 | $3,615-91.8% | $3,023-90.2% | $4,663-93.6% |
| Participant deferral / active EE | $706 | $5,732-87.7% | $5,054-86.0% | $6,691-89.4% |
| Admin fee / account holder | $275 | $13,335-97.9% | $9,455-97.1% | $13,402-98.0% |