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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 | $12,853 | $111,785-88.5% | $93,669-86.3% | $145,877-91.2% |
| Participation rate | 50.0% | 74.2%-24.2pp | 68.7%-18.7pp | 80.3%-30.3pp |
| Annual return | 13.96% | 203.79%-189.8pp | 133.59%-119.6pp | 551.28%-537.3pp |
| Employer contribution / active EE | $393 | $3,096-87.3% | $2,424-83.8% | $4,663-91.6% |
| Participant deferral / active EE | $955 | $4,919-80.6% | $4,416-78.4% | $6,691-85.7% |
| Admin fee / account holder | $52 | $10,256-99.5% | $8,291-99.4% | $13,402-99.6% |