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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 | $35,386 | $110,307-67.9% | $96,576-63.4% | $139,456-74.6% |
| Participation rate | 22.2% | 78.1%-55.9pp | 76.0%-53.8pp | 80.3%-58.1pp |
| Annual return | 20.16% | 26.40%-6.2pp | 25.87%-5.7pp | 373.45%-353.3pp |
| Employer contribution / active EE | $210 | $3,619-94.2% | $2,965-92.9% | $4,753-95.6% |
| Participant deferral / active EE | $297 | $5,547-94.6% | $4,851-93.9% | $6,711-95.6% |
| Admin fee / account holder | $209 | $11,597-98.2% | $8,253-97.5% | $11,407-98.2% |