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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 | $17,092 | $70,684-75.8% | $169,390-89.9% | $75,173-77.3% |
| Participation rate | 20.0% | 64.8%-44.8pp | 77.2%-57.2pp | 67.2%-47.2pp |
| Annual return | 22.95% | 36.38%-13.4pp | 406.07%-383.1pp | 160.72%-137.8pp |
| Employer contribution / active EE | $403 | $2,211-81.8% | $4,013-90.0% | $2,671-84.9% |
| Participant deferral / active EE | $767 | $4,310-82.2% | $6,222-87.7% | $4,126-81.4% |
| Admin fee / account holder | $139 | $5,404-97.4% | $9,015-98.5% | $5,651-97.5% |