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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 | $16,351 | $72,465-77.4% | $67,575-75.8% | $145,884-88.8% |
| Participation rate | 25.0% | 76.9%-51.9pp | 72.9%-47.9pp | 80.3%-55.3pp |
| Annual return | 11.94% | 7222.56%-7210.6pp | 3528.98%-3517.0pp | 551.85%-539.9pp |
| Employer contribution / active EE | $253 | $3,074-91.8% | $2,736-90.8% | $4,662-94.6% |
| Participant deferral / active EE | $490 | $4,786-89.8% | $4,003-87.8% | $6,690-92.7% |
| Admin fee / account holder | $8 | $5,515-99.8% | $3,993-99.8% | $13,392-99.9% |