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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 | $15,499 | $85,171-81.8% | $172,752-91.0% | $72,975-78.8% |
| Participation rate | 29.3% | 70.1%-40.8pp | 82.6%-53.4pp | 69.5%-40.2pp |
| Annual return | 20.52% | 27.32%-6.8pp | 802.97%-782.5pp | 81.01%-60.5pp |
| Employer contribution / active EE | $190 | $3,324-94.3% | $5,144-96.3% | $2,440-92.2% |
| Participant deferral / active EE | $762 | $3,260-76.6% | $5,198-85.3% | $3,608-78.9% |
| Admin fee / account holder | $65 | $5,880-98.9% | $13,955-99.5% | $5,124-98.7% |