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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 | $86,050-81.5% | $189,758-91.6% | $94,015-83.0% |
| Participation rate | 15.3% | 68.9%-53.6pp | 79.8%-64.5pp | 70.8%-55.6pp |
| Annual return | 16.33% | 17.77%-1.4pp | 52.62%-36.3pp | 17.84%-1.5pp |
| Employer contribution / active EE | $11 | $2,819-99.6% | $4,767-99.8% | $2,790-99.6% |
| Participant deferral / active EE | $461 | $3,349-86.2% | $5,856-92.1% | $4,249-89.2% |
| Admin fee / account holder | $172 | $6,627-97.4% | $20,388-99.2% | $8,951-98.1% |