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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 | $111,787-88.5% | $93,681-86.3% | $145,978-91.2% |
| Participation rate | 50.0% | 74.2%-24.2pp | 68.7%-18.7pp | 80.3%-30.3pp |
| Annual return | 13.96% | 203.52%-189.6pp | 133.47%-119.5pp | 550.52%-536.6pp |
| Employer contribution / active EE | $393 | $3,093-87.3% | $2,422-83.8% | $4,662-91.6% |
| Participant deferral / active EE | $955 | $4,918-80.6% | $4,415-78.4% | $6,690-85.7% |
| Admin fee / account holder | $52 | $10,256-99.5% | $8,290-99.4% | $13,400-99.6% |