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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 | $9,787 | $58,275-83.2% | $81,844-88.0% | $80,935-87.9% |
| Participation rate | 10.7% | 63.5%-52.8pp | 72.4%-61.7pp | 67.7%-56.9pp |
| Annual return | 13.52% | 41.82%-28.3pp | 778.87%-765.4pp | 35.66%-22.1pp |
| Employer contribution / active EE | $169 | $2,346-92.8% | $2,916-94.2% | $2,757-93.9% |
| Participant deferral / active EE | $490 | $3,285-85.1% | $4,323-88.7% | $4,299-88.6% |
| Admin fee / account holder | $100 | $4,749-97.9% | $7,355-98.6% | $6,924-98.6% |