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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 | $101,239 | $125,237-19.2% | $105,608-4.1% | $145,877-30.6% |
| Participation rate | 8.3% | 77.7%-69.3pp | 75.3%-67.0pp | 80.3%-72.0pp |
| Annual return | 13.68% | 225.76%-212.1pp | 116.50%-102.8pp | 551.28%-537.6pp |
| Employer contribution / active EE | $0 | $3,720-100.0% | $3,167-100.0% | $4,663-100.0% |
| Participant deferral / active EE | $514 | $5,711-91.0% | $5,010-89.7% | $6,691-92.3% |
| Admin fee / account holder | $28 | $17,287-99.8% | $11,028-99.7% | $13,402-99.8% |