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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 | $16,665 | $101,063-83.5% | $81,473-79.5% | $147,585-88.7% |
| Participation rate | 31.3% | 74.5%-43.2pp | 68.0%-36.7pp | 82.8%-51.6pp |
| Annual return | 11.99% | 32.41%-20.4pp | 38.78%-26.8pp | 578.58%-566.6pp |
| Employer contribution / active EE | $108 | $3,206-96.6% | $2,568-95.8% | $4,876-97.8% |
| Participant deferral / active EE | $140 | $4,242-96.7% | $3,537-96.0% | $5,439-97.4% |
| Admin fee / account holder | $264 | $5,812-95.5% | $4,561-94.2% | $10,886-97.6% |