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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 | $6,845 | $97,125-93.0% | $86,233-92.1% | $137,256-95.0% |
| Participation rate | 35.3% | 74.2%-38.9pp | 69.0%-33.7pp | 80.0%-44.7pp |
| Annual return | 17.84% | 74.19%-56.3pp | 61.39%-43.6pp | 220.34%-202.5pp |
| Employer contribution / active EE | $242 | $2,841-91.5% | $2,504-90.3% | $4,156-94.2% |
| Participant deferral / active EE | $484 | $5,180-90.7% | $4,559-89.4% | $6,407-92.4% |
| Admin fee / account holder | $128 | $9,725-98.7% | $8,342-98.5% | $12,270-99.0% |