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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 | $17,851 | $106,247-83.2% | $96,515-81.5% | $139,466-87.2% |
| Participation rate | 19.0% | 77.8%-58.8pp | 74.3%-55.3pp | 80.3%-61.3pp |
| Annual return | 16.28% | 38.47%-22.2pp | 35.73%-19.4pp | 373.66%-357.4pp |
| Employer contribution / active EE | $0 | $4,106-100.0% | $3,740-100.0% | $4,754-100.0% |
| Participant deferral / active EE | $781 | $5,456-85.7% | $4,880-84.0% | $6,712-88.4% |
| Admin fee / account holder | $15 | $7,885-99.8% | $6,735-99.8% | $11,409-99.9% |