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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 | $117,859-79.9% | $102,438-76.8% | $145,959-83.7% |
| Participation rate | 33.3% | 78.6%-45.3pp | 76.5%-43.2pp | 80.3%-47.0pp |
| Annual return | 11.69% | 31.72%-20.0pp | 29.37%-17.7pp | 561.95%-550.3pp |
| Employer contribution / active EE | $297 | $3,615-91.8% | $3,024-90.2% | $4,661-93.6% |
| Participant deferral / active EE | $706 | $5,732-87.7% | $5,054-86.0% | $6,689-89.4% |
| Admin fee / account holder | $275 | $13,318-97.9% | $9,448-97.1% | $13,398-98.0% |