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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 | $15,944 | $78,690-79.7% | $161,489-90.1% | $87,485-81.8% |
| Participation rate | 15.3% | 67.5%-52.2pp | 78.7%-63.4pp | 68.9%-53.7pp |
| Annual return | 16.33% | 32.74%-16.4pp | 89.72%-73.4pp | 26.06%-9.7pp |
| Employer contribution / active EE | $11 | $2,588-99.6% | $4,268-99.7% | $2,596-99.6% |
| Participant deferral / active EE | $461 | $3,311-86.1% | $5,630-91.8% | $4,274-89.2% |
| Admin fee / account holder | $172 | $6,724-97.4% | $16,006-98.9% | $7,775-97.8% |