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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 | $3,772 | $88,815-95.8% | $81,882-95.4% | $145,897-97.4% |
| Participation rate | 57.1% | 75.1%-17.9pp | 72.4%-15.2pp | 80.3%-23.2pp |
| Annual return | 13.66% | 1033.75%-1020.1pp | 779.47%-765.8pp | 552.29%-538.6pp |
| Employer contribution / active EE | $218 | $3,086-92.9% | $2,916-92.5% | $4,663-95.3% |
| Participant deferral / active EE | $218 | $4,647-95.3% | $4,323-95.0% | $6,689-96.7% |
| Admin fee / account holder | $15 | $8,434-99.8% | $7,360-99.8% | $13,390-99.9% |