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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 | $23,278 | $95,406-75.6% | $185,849-87.5% | $85,847-72.9% |
| Participation rate | 20.3% | 68.8%-48.5pp | 81.7%-61.4pp | 69.3%-49.0pp |
| Annual return | 14.55% | 23.59%-9.0pp | 122.10%-107.5pp | 318.61%-304.1pp |
| Employer contribution / active EE | $226 | $3,314-93.2% | $5,169-95.6% | $2,565-91.2% |
| Participant deferral / active EE | $366 | $3,424-89.3% | $5,569-93.4% | $3,952-90.8% |
| Admin fee / account holder | $18 | $7,214-99.8% | $16,244-99.9% | $6,261-99.7% |