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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 | $10,883 | $112,729-90.3% | $98,716-89.0% | $137,256-92.1% |
| Participation rate | 30.0% | 74.2%-44.2pp | 69.3%-39.3pp | 80.0%-50.0pp |
| Annual return | 25.53% | 38.48%-13.0pp | 31.81%-6.3pp | 220.34%-194.8pp |
| Employer contribution / active EE | $290 | $2,725-89.4% | $2,279-87.3% | $4,156-93.0% |
| Participant deferral / active EE | $742 | $4,640-84.0% | $4,048-81.7% | $6,407-88.4% |
| Admin fee / account holder | $54 | $10,129-99.5% | $8,703-99.4% | $12,270-99.6% |