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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 | $11,883 | $81,233-85.4% | $155,567-92.4% | $80,874-85.3% |
| Participation rate | 18.9% | 66.2%-47.3pp | 78.2%-59.3pp | 67.6%-48.7pp |
| Annual return | 15.68% | 33.33%-17.6pp | 64.74%-49.1pp | 35.62%-19.9pp |
| Employer contribution / active EE | $223 | $3,101-92.8% | $4,674-95.2% | $2,756-91.9% |
| Participant deferral / active EE | $888 | $3,452-74.3% | $5,628-84.2% | $4,297-79.3% |
| Admin fee / account holder | $18 | $7,998-99.8% | $15,916-99.9% | $6,935-99.7% |